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Super Casino Gambling - Online and Offline


                   http://www.addictions.com/wp-content/uploads/gambling.jpg  Land-based casinos and online casino revenues and site releases are growing faster then ever. Even after the dust has settled following the recent American law prohibiting deposits to online gambling companies, large organisations such as Party Gaming, Ladbrokes and VIP Casino club are all increasing their efforts to attract a wider European or global audience. Gambling itself is a compulsive and addictive activity, with numerous regulatory societies attempting to outlaw and even ban online gambling around the globe. Regulatory environments themselves differ from country to country. While the US has sought keenly to identify ways of banning online gambling, the UK has lead the way to ensuring that online gambling remains a choice for many, but does not become a threat to others. Its recent release of a new Gambling Act has sought to protect children and problem areas from abusive gambling, while attempting to levy a tax duty on all income from gambling both offline and online. The Act will make it illegal to entice children to gamble and there will be compulsory age checks for online gambling websites. Its new Gambling Act will provision for the construction of Super Casinos in selected areas across the country, though this has been scaled down from an initial 40 super casinos to around 8, following complaints from the public and opposition parties. The Gambling Act will allow casinos to operate 24 hours, with unlimited jackpots, and gambling will be allowed on Sundays and Bank Holidays. As far as online websites are concerned, when the Act comes into force at the end of September 2007, companies will be able to apply for a license to operate online gambling website from a UK base. Countries differ in terms of how they levy a tax on gambling. For example, some will tax each bet individually while countries like the UK, tax only the gross profits that gambling organisations make. Territories like Malta and Gibraltar offer competitive tax regimes as well as the benefits of an off-shore financial centre. Australia has a large gambling population, where statistic show that 80% of its population gambles. Super casinos are also allowed in Australia, with Sydney's Star City reputedly the size of 7 football fields. A recent study also showed that Australians spend more money each week on gambling than they do on alcohol or clothes. State government proceeds from gambling have increased to around $3.8bn per annum, since 1998. What of other jurisdictions across the globe? Below is a list of some countries and some interesting figures relating to gambling. Australia 80% of population gamble Legal age to gamble is 18 $80 billion gambling turnover in 2006 States received $3.8 billion in gambling duties 2006 Online gambling is permitted Sweden 95% of population gamble Legal age to gamble is 18 58 billion Swedish Crowns turnover in 2006 Government received 5 billion Crowns in tax in 2006 Online gambling is permitted Spain 70% of population gamble Legal age is 18 EUR30 billion gambling turnover Receives EUR1 billion in gambling taxes Recently allowed online gambling licenses Macau 60% of population gamble Legal age is 18 $6 billion in gambling takings 2006 $1 billion state revenues from gambling Online gambling is permitted UK 70% of population gamble Legal age to gamble is 18 (though lotteries and pools and low stake machine permit 16) £53 billion gambling expenditure in 2006 UK received £1.3 billion in gambling duties in 2006 Online gambling permitted US 80% of population gamble Legal age 18 (most casinos age 21 as this is legal alcohol age associated with casinos) $82 billion gambling expenditure 2006 States received over $8 billion in gambling revenues 2006