Different methods have been used to regulate online casino gambling. However, things are quite interesting overseas. There are at least five countries that do not allow online gambling operations at all. Seven other countries either have full deregulation to operate or at some limited deregulation to have an online gambling casino business.
Regulations are put in place because of addiction, and credibility. If a person is addicted to gambling there has to be a limit as to how much they play. Otherwise they will lose all their money. Some gambling businesses do offer that. Also, there are trust issues. Who is to say that a certain online gambling site is legitimate? As much as these governments try to intervene, there is bound to be at least two to three casinos that are not legal. Anyone looking to operate an online gambling site, should go to Malta.
Malta’s online gambling laws are a bit relaxed as well as their tax laws. That why over 300 businesses make this country their home. Finns are there as well. There are over 400 that operate there freely without restrictions. As a result, online gambling has gone global easily and have grown in consumer participation exponentially. This done in spite of the fact that regulations does not allow for marketing any of these businesses. Not only that, there are no business establishments. Gambling in Europe is legal, and adults can indulge without any judgement.
If a professional gamblers decides to play in Finland, they must be living in Finland to play on the online or offline sites that are for the population. Paf and Veikkaus also operate in Finland. They have actual slot machines that someone can go to and play. Establishments have them set up to where you can walk into any public place and play, which almost similar to any western country. If anyone wants to gamble in Finland they can just ride up to a gas station and have fun at the slot machines. Allowing gambling of this sort could definitely spur an addiction. Playing these machines is part of the Finland lifestyle. The same rings true in America depending on where it is allowed to be established.
Of course, the government does have their reasoning behind regulating offline gambling. They are using the money they receive from to give back to the communities in need. Another reason is to help curb the gambling addiction and hold the businesses accountable for the winnings. In other words, having them regulated keeps them from short changing the consumer. Online gambling is a bit different. With the international playing field being so vast, it is harder to control. This means that some of those sites are not credible and players will likely lose money.
There is an addiction problem in Finland. Underage players as young as 15 are becoming addicts of the slot machines along side their adult counterparts. More men have a gambling addiction than women. Finland does offer help for this apparent crisis.
