Online Gambling World Regulation News Round UpPublished July 23, 2014 by Amir G
Hungary and Turkey crack down on online gambling while USA's market fails to impress after almost one year of regulation.
The past few days have seen some bad news for online gambling around the world, the biggest coming from Hungary and Turkey which have placed a ban on many gambling sites. At the same time, iGaming in the USA is still not managing to impress.
Hungary Clampdown on iGaming's Biggest Names
Hungary's Gambling Supervision Department added to its list of unlicensed operators some of iGaming's biggest names including bet365, bwin.party and Ladbrokes. These operators join an already expanding list of well-known European brands like Betsson, Unibet, bet-at-home and Betclic.
A division of the country's National Tax and Customs Administration, the Gambling Supervision Department claims that these operators have been banned from offering services to Hungarian citizens since they have allegedly targeted customers inside the country without official regulatory authorizations.
Turkey's Fight against Online Gambling
Turkish news portal Worldbulletin has published information about the country's crackdown on online gambling from an official report, claiming that Turkey has blocked access to 110 gambling websites over the last five years. The agents responsible for this are Turkey's National Lottery and the country's telecommunications authority (TIB).
Land based casinos and gaming houses in Turkey were closed down back in 1997, something which shifted the services of these onto the online world. In 2007, the Turkish government passed further laws which banned both physical and online gambling; the only type of online betting Turkish citizens can enjoy is state-sponsored.
Concerns for US Online Gambling
Despite the big hopes which accompanied the launch of online gambling in Nevada, Delaware and New Jersey last November, it seems that the iGaming messiah still hasn't arrived to North America. This can be best seen by the revenue prediction made by New Jersey Governor Chris Christie who predicted a $180 million revenue by July 2014; in reality, this revenue turned out to be only $10.7 million.
The revenue disappointment is joined by a rise in the number of problem gamblers who seek help from authorities, something which greatly impacts popularity polls as seen in a recent poll conducted in the Garden State which show that in less than a year, the number of residents who disapprove online gambling went up from 46 percent to 57 percent. The US online gambling industry needs one big state to succeed, and perhaps it will be Pennsylvania which is believed to be the next big state to regulate iGaming.
Online Gambling Alive and Kicking
Despite this information, online gambling is alive and kicking. There are plenty of online gambling sites including online casinos, poker rooms and sportsbooks which are very active. Use the information on our site to find safe and trusted online casinos and other gambling sites which are regulated and licensed.