Online Gambling has got a history full of action!
Antigua and Barbuda passed the gambling regulation act in 1994, and from that till 1998, gambling expanded like fire and people from different countries started participating in these activities. By 1998, online gambling had become a million dollar industry, with revenue rising up to US$ 835 million, of which a major portion came from US players. This was immediately followed by the demand from anti-gambling groups, for passing Internet Gambling Prohibition Act or IGP Act. This act could not be passed in that year, but later on in 2006, US government declared gambling illegal, and cracked down several online operators, including some very big names in the industry, and also arrested many.
Towards the end of 1990s only, Canada, which had earlier established, Kahnawake Commission to issue license and regulate online gambling business, started clearing out these online operators and banned online gambling. Australia also followed suit and passed Interactive Gambling Moratorium Act, banning online gambling operators, licensed from other countries, or those licensed in Australia after 2000, to carry on their businesses. This left Lasseters, as the only online gambling operator of Australia, which was licensed in the year 1999.
Belgium legalized online gambling in 2002, followed by UK in 2005, Italy in 2009 and France in 2010. Argentina had made online gambling legal, but in 2008, it banned this kind of gambling, especially, untaxed and unregulated online gambling. Different countries of the world still have a mixed stand on this issue, and so, many pages in the history of online gambling are still awaited to be written, but that would be done by later generations.
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