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Britons Want To Regulate Online Casino Industry

The year 2007 will finally see the United Kingdom government apply the 2005 Gambling Act that allows online casinos to base themselves in the country. In the wake of the act coming into effect, a survey was run to try and find the British public’s opinion regarding this law. In a surprise finding, only 20% of those interviewed felt that the government was doing enough to ensure proper regulation of online casinos. Of those interviewed, only 50% stated that they knew how to use online casino sites and how to access the games.

Another question was posed regarding the reliability of UK based online casino sites. 35% felt that British based online casinos would be more reliable than those operating an online casino from outside Britain. Further data from the survey showed that British online casino fans were not doing enough to counter under-age gambling and many sites, especially sportsbetting sites, were overlooking minors who bet at their sites.

The surveyors noted that online casinos needed to adapt themselves more to the mainstream if they wanted to attract more players once the 2005 Gambling Act came into affect. If 50% of the public did not know how to use online casinos, these sites would be wise to teach the basics of several popular games such as slots, roulette and blackjack.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.