Archives for February 2012

Different Online Gaming Regulations from Various Countries

Online casinos operators must be familiar with the laws of the country where they offer their games. This is very important since the gaming venture’s existence itself depends on these laws. Some countries highly discourage betting while some allows it because of the revenue generated from taxes. These taxes, in turn, help the government acquire more funds for the utilization of its projects. There is a qualification in allowing betting though. It is usually regulated by certain regulations and minimum requirements fixed by governing authority.

 

Legality

Since gambling has its fair share of harmful effects, governments like the United States of America and Russia have implemented an ironclad rule against gambling. Laws are passed in these countries daunting casino game providers, both in brick and mortar casinos and online casinos. In fact, a regulation effective nowadays in Russia prohibits online gaming anywhere other than in its four designated gaming zones. This regulation serves as a good tool to successfully limit gambling.
[Read more…]