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Gambling Around The World

Gambling Around The World

Gambling is a form of entertainment that has had the power to bring people together since the beginning of time. The attraction to the activity is the combination of entertainment and rewards, which incorporates a wide range of games, including poker, slots, table games, sports betting, and a few other gaming types.

Starting off land-based and transitioning online, casinos now have attracted crowds in both markets. Besides eCommerce, online gambling has become one of the wealthiest industries found online, with an expected market value of 92.9 billion U.S. dollars by 2023.

With the internet now in the picture, people now have unlimited access to easy entertainment and a wealth of information at all times. No matter where you are in the world, the web gives gamblers the opportunity to never miss out, but with so much movement in the market, it would be interesting to know where the gambling gold mine lies. 

Stick around and learn about everything gambling, including which country gambles the most and the most prominent casino companies in the world. 

A Brief Background

Gambling has been an activity for thousands of years, and when the internet came about, it posed the perfect platform for casinos to expand. The first online gambling site opened to the general public in 1994. The platform provided players with the chance to buy tickets for the Liechtenstein International Lottery.

Since then, the online opportunities have increased, with a platform that specializes in every outlet. Nowadays, one of the most sought-after sites is a Bitcoin casino, which operates similar to other online gambling sites, with the only difference being the incorporation of cryptocurrency, which brings about many other benefits. 

Since internet gambling came about, there has been a variety of different casino types to be formed, with the two leading being web-based and download-based. Web-based casinos require the internet to play by heading over to the website. Download-based casinos will need to be downloaded off the internet and used as an app on your mobile or desktop device. 

The history of online casino gambling dates back and has come along way

Countries That Gamble The Most

Out of all the countries worldwide, there are a few that have managed to gain themselves the reputation as being the most prominent players in the game. A great example of a country such as this is the U.S. which has gained a gambling reputation based on its venues mostly in Vegas, but what most don’t know is that the U.S. does not condone online casino gambling

Rank Country Gaming Losses Per Adult
1 Australia $1,288.00
2 Singapore $1,174.00
3 Ireland $588.00
4 Canada $568.00

 

Which Country Is Best For Gambling?

There are many countries that have managed to build a catalog of great casinos, like, for example, Las Vegas, which has become known as one of the market’s most active hubs. Surprisingly, the epicenter of brick and mortar casinos in Macau in China, with access to some of the world’s most renowned casinos. 

In Which Countries Is Gambling Legal?

There are many countries that condone casino gambling for both land-based and online. Although there are many, the most popular gambling territories include the U.K., Japan, Spain, France, Australia, China, and Thailand. 

Other countries hold different laws based on states. An example of this is India and the U.S. In India, internet gambling is only allowed in 2 states- Sikkim and Goa. In the U.S., the states that allow online gambling include New Jersey, Pennsylvania, Michigan, Delaware, West Virginia, and Nevada.

What Countries Banned Online Gambling?

Although gambling is widely accepted, there are a handful of countries that still prohibit the activity. With online casinos more prevalent than ever, some countries see it as easy access to fraud and addiction. 

Countries that have banned online gambling are those with strong religious values. The list includes UAE, Qatar, Poland, Cyprus, Brunei, Singapore, Lebanon, and almost all Asian countries.

Alot of countries in the world vet gambling and others have more relaxed laws

Biggest Online Gambling Companies In the World 

If you are a frequent online casino player, you would know that often many Bitcoin casinos are created by the same umbrella company. The more successful casinos a company has under its belt, the more respected it is in the industry. 

Here is a list of the biggest and most reputable gambling companies in the world

  • Flutter Stars Group.
  • GVC Holdings.
  • Bet365.
  • Scientific Games.
  • The Stars Grup.
  • William Hill.
  • International Games Technology.

Take A Trip Around The World With Online Casinos

Gambling is a world-known phenomenon that has managed to catch on in almost every country. With such global adaptation, it’s no surprise the success it’s facing, with an expected market value of 92.9 billion U.S. dollars by 2023. One of the better options for online gambling is a Bitcoin casino, which offers higher security and increased returns while giving gamblers a far wider variety of games.

Last updated by Jen Van Lier on March 2, 2022

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

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