Online gambling refers to any kind of Fenikss gambling that is conducted online. This includes online poker, casinos as well as other betting on sports. The first gambling site online that was accessible to the public was the online ticketing system for the prestigious Liechtenstein International Horse Racing in October 1994.
There were a few online gambling establishments at that at the time. They were mostly restricted to those with high-end accounts from wealthy families. As more middle-class people were drawn to gambling and started to accumulate wealth as a result, the online gambling market was capable of attracting more operators. This resulted in an entirely new type of operator, who were untrained in the industry and had not received any training in consumer protection. A lot of these operators were operating illegally, and they could be threatened with legal action. These operators were not monitored by consumer protection agencies and many people were losing money.
Recently the government has intensified up efforts to regulate online gambling in India. Recently, the Supreme Court in India ruled in favor of the government position and ordered all state-licensed casinos to provide Internet accessibility to all of its customers. Immediately following this ruling, all casinos licensed by state in India began shutting down. To accommodate the increased number of players more gambling websites were launched in India. These gambling sites offered higher bonus offers, more attractive odds and were more secure than the illegal ones that were in the past.
Today there are more than 200 gambling websites in India. A lot of these operators have expanded to other countries like Russia and the United Kingdom and even offshore jurisdictions like Panama and Barbados. The online gambling sites are still popular among high-rollers, but more middle-class gamblers have joined their group in recent times. It is evident that gambling online has caused an increase in crime in India. The problem is that the majority of new online gamblers in India don’t realize that they are at risk of being targeted by organized crime rings operating from these gambling sites online.
Most casinos that operate online in India will claim that they follow a “look-alike” system to avoid being branded an illegal enterprise. But, there are numerous organized and syndicate-operated criminals who utilize this “look-alike” method to get away with their crimes. Anyone who is unaware of the “lookalike” method is likely to be victim to one of these operators. This is the reason that governments across the globe have taken strong measures to severely curtail online gambling. This is the case for India too. All licensed online gambling operators in India must be registered with the government in order to operate legally.
This registration process was originally designed to be a way of protecting the gamblers from being targeted by organized crime groups, and as a way of preventing many people from being harmed by gambling addicts who play online. However authorities realized their mistake following the implementation of the registration process. The government reintroduced the restriction and has now banned all online gambling in the country. This ban has significantly reduced the number of players who can get indulged in gambling online. The casinos on the internet have been retooled by most of the most well-known online gambling sites in India to ensure that they don’t be a target for those who are planning to engage in black-marketing.
There are many reasons why India prohibited online casinos. One of them is the risks of gambling online, the existence of “fake” or unscrupulous operators in the industry, and the presence of numerous international criminals in the ranks of those who are actually “licensed” operators. These factors have resulted in an increasing cost of gambling online in India. A lot of people are unable to or unwilling to pay for the games and this has led to several gambling websites being shut down. Online gambling has made it impossible to gamble at the comfort of your home in casinos located in India due to the ban.
The government did not stop there and has ensured that the growing amount of people engaging in online gambling is not adversely affected. To discourage gamblers from abusing the system it has Mr Bit introduced the “perfect online gaming law” in the form of the National Lottery Plan. This law ensures only experts are permitted to operate the machines. The professionals will receive instruction on how to operate and program the machines, while the customers will not be exposed any unskilled people. This will increase the chance of being cheated , and make it more difficult for gamblers to place bets.
