Online slot, a whole new world

Online slot, a whole new world

In recent years online gambling has come to be a big business market making about 45-million-dollar annually, it has people from all over the world trying their luck. สล็อตออนไลน์  is any kind of gambling done on the Internet, it has enabled a number of gambling platforms, websites and games. The commencement of online gambling dates back to 1994 when first online betting was opened to public for Liechtenstein ticketing.

Rise of online gambling

Since 1994 this industry has been on a rise and this was possible due to emergence of a safe online gambling software, developed by Microgaming it was secured by cryptological software as a result safe transaction became viable and first online casino was opened in 1994.

In late 1990’s online gambling really took of the websites increased from only 15 in in 1996 to 200 in 1997. In 1998 the online gambling market exceeds the profit of $830 million also first poker room was introduced in the same year.

Legality of online gambling

It is restricted in many countries some states in U.S, provinces in Canada and most countries in EU. To provide these services you have to have a license issued by United Kingdom gambling commission in UK and Pennsylvania gaming control board in U.S

Legality of online gambling in India

สล็อตออนไลน์  is quite popular in India, the availability of cheap internet, access to different gambling platforms worldwide and various games has led to it but, what is the legality status in India? According to public gambling act of 1867 all kinds of gambling is prohibited but there are sections of law that mark the difference between game of chance and game of luck where the latter is legal, this creates a lot of uncertainty and vagueness around the legislation of online gambling to add to the chaos different states have different rules regarding gambling where Sikkim and goa are more flexible other states seem to be relatively sterner on the topic.

สล็อตออนไลน์

Pros and cons

Pros: –

  • Variety of games of games and betting are available, you can play worldwide
  • Provides entertainment
  • There is no need to go casinos as you can play several games in the comfort of your house

Cons: –

  • Can become very addicting
  • Isolation
  • Being in debt and can lead to financial losses
  • legal issues

สล็อตออนไลน์  has become a very big market with new types of games and websites releasing every year there are different viewpoints on it from people but regardless betting still goes on however there is no denying that new and improved laws are required surrounding online gambling.

Alfred