Statistics On Online Gambling

Gambling is a game like any other as well as a hobby for the lovers of gambling game and therefore they will do everything to play the game.

Statistics reveal that online gambling is easy for anyone who wishes to access the internet and this has made it be a game for every class of people ranging from the poor and rich young folks, middle class, upper class and the old group of people. It’s a game of all.

This game has grown rapidly in recent past with its known history being the U.S in 1975. It’s been unique about this business from the undercurrent population in American society to high profile, socially recognized activity in all folks. The U.S posts the highest number of states standing at 37 states and 2/3s of them have lotteries of which 15million display some addiction in the game.

In 1973 alone, the state recorded $2 billion and in a whopping $34 billion by1997.This trend has been necessitated by the insurgence of the young population which as below; 42% of 14-year old’s, 49% of 15year old’s, 63% of 16year old’s and 76% of 18 year old’s.

Statistics reveal that the gambling has reached to the Indians and an approximated 260 casinos in 31 states with a good revenue being recorded. In general, online gambling boasts of over 110 sport gambling sites and make it the highest growing game of this time.

Given the fact that this online game brings in good money, studies reveal that most people are now addicted to it than even alcohol, drugs or even gambling itself. Crime has not been left behind either, it has increased threshold. Gamblers will always need money to carry on with their business and therefore will do everything to play the game. Records reveal that 65% of pathological gamblers are involved in crimes so as to support their gambling habit. Hence, debts have been recorded on the gamblers in the U.S of between $55,000 and $90,000 of which $15,000 are figures for women. Because of this, divorce has also been recorded where the rate of divorce in gamblers doubles that of non-gamblers.

The burden of shouldering these debts has influenced the suicide rate among the population of gamblers than non-gamblers about 1-5 attempts of suicide. It’s now evident that we live in a society / culture that encourage an activity that destroy a good percentage of the lives it touches. As already seen, young people experience problems and are at risk of this gambling behaviors twice the adult population.

Because internet/ online gambling does not require hard cash, it thrives and grows rapidly. The necessary legislation has to be put in place to regulate this gambling game. In simpler terms, sanctions have to be affected to tame this rapidly growing game or else so or later it becomes a catastrophe. From what we have seen, gambling is a disease and if not taken care will kill these good people in our families.

Online gambling is very slippery like life fish. Lives of many are spoiled. Take note that another time you think gambling think twice as well.

USA Gambling Laws

The situation of gambling activity in the United States of America is getting better with each passing year. It is true that gambling is considered as an illegal stuff in the USA, however its presence and participating in mounting up with the passage of time. Almost every state in the country has termed gambling as a legal activity, and it has certainly improved the business of gambling in the region. Below are some of the basic gambling laws that prevail in the USA.

Gambling Laws in the USA

Each state in the country is free to run its business within its territory. It would be considered as illegal even if the bet is placed through wire transfer.

Social gambling is considered as legal throughout the USA (except three states).

There are 20 states in the USA where commercial gambling is considered as legal, such as Colorado, Delaware, Illinois, Iowa, Louisiana, Michigan, Oklahoma, Puerto Rico, Virgin Island, and West Virginia.

However, there are a lot of states that still consider commercial gambling and racetracks as illegal, and charitable gambling as legal, such as Alabama, Alaska, Arizona, California, Georgia, Hawaii, Kansas, Mississippi, Nevada, North Carolina, Oregon, Rhode Island, Texas, Utah, Vermont, Virginia, and Wyoming.

Games allowed in the USA

Some of the hardcore casino and gambling games like horse racing, poker, sports betting etc. is not allowed in around twenty states of the country. Following are the casino games that you can play in the United States of America:

  • Slots machine
  • Video poker
  • Progressive slot games
  • Baccarat
  • Let’em ride
  • Texas Hold’em poker
  • Pai Gow
  • Roulette (both American and European)

Fees or Charges

Most of the online casinos in the USA charge nominal amount of fees to obtain their membership. The range usually starts from $50 and it goes up to $500. However, gambling for charitable purpose do not come with any kind of penalty.

Tax Information

If we take a look at the gross profit made by the USA casinos in the year 2007, it was around $93 billion. Not just that, emergence of commercial casinos led to the birth of around 354,000 jobs and gave the country massive revenue of $5.2 billion through tax in the year 2006. On the other hand, some groups in the USA consider gambling has led to an increase the number of cases related to corruption and crime rates. At present, the winning amount through lotteries is taxed as income taxes, which means ordinary income. It has been seen that the government has tried to raise the revenue by allowing different types of gambling, and not by raising the tax rate.

Best Gambling sites for USA players

Below are some of the most preferred gambling sites where you can take part in casino gambling and sport betting:

  • Aladdins Gold Casino
  • SlotoCash Casino
  • Win A Day Casino
  • Grand Parker Casino
  • Golden Cherry Casino
  • Bovada Poker Room
  • Bovada Sportsbook
  • 5Dimes Sportsbook

South Africa Gambling Laws

Gambling activities are quite common in Africa. Further, gambling is gaining a lot of popularity and attention of many people since recent times. Around 30 countries across the world hold gaming machines and casinos, and among them the maximum casinos are in South Africa. You can find over 40 casinos in this country, along with around 38000 slots. Egypt is nowhere behind as it possess around 20 casinos. There are many other countries in South Africa that grab attention of people to the popular casinos. Cameron, Botswana, Ghana, Uganda, Zimbabwe, Morocco and other places are quite famous for gambling activities. The National Gambling Act of South Africa was formulated in the year 2004. And, the rules and regulations in it were formulated on November 15th, 2004. This Act protects minors, and imposes restrictions for granting credits and on promotion and advertising of gambling activities.

Casino Games in South Africa

As gambling is quite common in South Africa, majority of players enjoy these activities a lot. Hence, it is natural that one can find a wide variety of casino games in the casinos of South Africa. The most common games are Blackjack, Roulette, Slots and of course Video Poker. Blackjack is the favorite game of casino lovers as it involves the combination of luck and skills. Roulette is a thrilling game and is a pure luck game. On the other side, slots and video poker involve a lot of entertainment and fun.

Gambling Penalties

In September 2011, the government of South Africa stated that online gambling is illegal. However, any player can enjoy the gambling activities in a safe manner in the South African casinos as nowhere anything is written about the jail sentences, fines or any other punishment.

Gambling Taxation

Recently, the government of South Africa announced the new gambling taxes that created a much furor among the casino players. The new plans proposed that taxes will be withheld on over ZAR25,000 of winnings. However, this plan would be coming into effect from 1st April 2013. The South African Casino Association already warned about the tax withholding and argued that there will be a detrimental effect on the operators, industry and employment of the country. Further, there would also be a 15% tax on some part of the winnings as stated by an unknown source.

Popular Casino Sites

Though there are numerous casino websites on the internet, let us have a peep into the most popular casino websites of South Africa as follows. Rome casino: Players have lot of fun here, the bonus amount is $10,000 and the payout rate here is 98.6%.Diceland casino: This is another popular casino of South Africa where $7,777 is the bonus and 98.8% is the payout rate. Mona online casino: Mona online casino is not back in the popular casino websites, people get full on entertainment here. Diamond online casino: You can see that the bonus amount is $1000 and 98.2% is the payout rate.