Why are online casinos so regulated in some countries around the world?
Author | PAUL LITMAN |
Published date | 03 October 2021 |
Publication title | Jerusalem Post, The: Web Edition Articles (Israel) |
Some governments do not want to allow any form of gambling
As you probably know, there are many countries where people can't participate in any form of gambling. Despite the fact that some jurisdictions are becoming more liberal when it comes to betting, other places ban any kind of casinos, betting shops, poker rooms, etc. That's why some people want to learn whether gambling is legal in their country after reading the article where the Bwin casino was recently reviewed by Betenemy with a good rating.
Some countries might fine you for using those websites, but there are places where gambling is a crime. Hence, you might face serious charges that could lead to severe problems.
There are different things that people do to learn more about their local gambling laws. Some punters consult a lawyer, whereas others simply ask the police or a given regulating authority that deals with gambling websites.
Regulating authorities are afraid of money laundering
The second reason many countries are still reluctant to allow any form of online gambling activities within their territories is money laundering. The Bwin casino review by Betenemy shows that even some of the most recognizable names in the industry are not available in every country, mainly because of potential money laundering issues.
Despite the efforts taken by many reputable gambling websites, this continues to be a huge problem in some countries. Money laundering is a term used to describe a process where an individual or a group of...
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