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The Gap Between Casino Haves and Casino Have-Nots

What percentage of the world is allowed to gamble online? And is that the correct question to be asking? Is it that much of the world isn’t allowed to gamble online, or that much of the world doesn’t have access to the internet in a sufficient fashion as to enable them to gamble online? It is probably the case that both situations are accurate. This is because there are those who live in democratic countries around the world whose governments don’t take kindly to unregulated online casino gambling. And in other countries, sometimes democratic, there are those who simply don’t have access to the internet.

Governments fear the internet for many reasons, chief among them their relative inability to control what content their citizenry can access. Of course, measures can be taken in authoritarian states which have the ability to enact their own policies without much public or legislative dissent, but in democratic countries where rights to a reasonable amount of personal privacy are enshrined laws and inherent values, it is a bit more complicated. When it comes to online casino gambling, the question is how to protect their citizens from being taken advantage of by offshore businesses while also acknowledging that their citizens are probably going to gamble online no matter how much their government is dismayed by the habit.

The internet has not been around all that long, though sometimes it seems as if it has been around forever. For children born in First World, technologically advanced countries, this is true. But in emerging democracies, or far-off areas, internet connections are new or limited. People often gamble in such places, but not online. The online casino world is of course anxiously awaiting the day when everyone has a connection to the web, so that they can send their ads all over in a variety of languages. But they can do that now, so while they are anxious they should be grateful for what they have.

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.