Online gambling ready to regain financial swing in its step
Posted by Carl Barnett on 29 Jan 2010 at 11:01
A Financial Times article appears to have finally brought news of positive signs for the world of online casino games.
There is a tangible growth in the market, the article said this week, due to a range of green shoots which have emerged over the last few months.
The first real factor that has a major impact on the amount of online gambling, and the amount of business, is the growth in regulation.
According to the article, governments are becoming more confident when it comes to managing what is going on when it comes to responsible online gambling.
They are not shy about shining the spotlight on companies that offer online casinos.
While they may have a clear agenda, in that the taxes they may be able to derive from the sector could be extremely lucrative and positive for a government's public projects, the good feeling that gamblers have when they know that they have entered a reputable site can only be positive for everyone.
The next two or three years look very rosy in Europe, says the Times article.
One clear sign of this is the news that many major online concerns are talking about merging with each other – which could be seen as an indicator of market confidence.