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Legal Aspects of Online Casino

In the European Union gambling is not regulated (in the sense that there is a European law which declares the legality or illegality vice versa). In such a scenario by agreements signed between the States of the result is that in every EU country the rules are more favorable, which allow the management of online casinos and allow people to play in the casino. There are on the other hand some countries like the United Kingdom which for years have regulated gambling, in the United Kingdom a law called "Gambling bill regulates various aspects of gambling, including management and the promotion of online casinos. In England the game of chance is not considered only a legal but also a real habit for many people (it is known in the habit of many British to bet on everything).

Many companies running online casinos are located offshore, ie in those states that allow the management of these activities without imposing controls and a very favorable tax regime. Conversely the major casinos that operate in Europe have regular licenses issued by the EU (including the United Kingdom, Malta, Slovakia, Spain, Gibraltar). The online casino now operating on the web should have regular operating licenses and be subject to control by non-profit international who precisely is responsible for ensuring the players seriously in play, manage and pay the winnings. It is always the possibility of irregularities or fraud real, given the ease with which it is possible in a few hours, open and close a website providing false identification. However in this regard it should be remembered that the companies that provide lease management software casino online (the two largest are the Microgaming and Playtech, at European level and stand out Bossmedia WorldMatch) are subject to control by the authorities This guarantee ensures the total absence of tricks or fraud on their part. In the twenty-year history of online casino, there have been only 8 cases of fraud to the detriment of users and casino Truffaldini were promptly denounced by the Online Gaming Alliance and subjected to sequesto, then closed permanently. The field of gambling is very profitable and is in the interest of the companies involved and the inspection authorities so that the operators will behave honestly. The risk is to destroy an industry that creates jobs and wealth for thousands of families (especially for communities of small Caribbean islands and South East Asia) just as happened with the dialer in Italy in 2002.

administration of an online casino is bound to a few simple tasks: create the company that will manage the casino (similar company can be opened in countries such as Panama or Gibraltar or the Virgin Islands for just under € 2000) acquire a license (the cost of which varies greatly from state to state, we are talking about tens of thousands of euros); Develop and implement the software for managing the casino, or rent it from companies; invest in online marketing, often turning to companies specializing in the management of affiliate programs. As you can see, the only fixed cost is the relevant license, which can easily amount given the high profitability of the online casino. But we must not overlook the high investment variables that must be made in online marketing, such as the purchase of advertising space or email campaigns.

Article from Wikipedia

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