Strong Gambling Tradition Helps the British Economy
Posted: June 26, 2012
Updated: October 4, 2017
The British online casinos and sportsbooks have grown strong and are taking on the world.
While many blame liberal British gambling laws for excessive wagering among some members of the British society, there are certain benefits. Some relate to the protection of the bettors, others bring in taxation to the country – or money that would simply be not there if the gamblers had to visit offshore sites to play.
There is one other important benefit to the British economy. The fact is that British casinos and sportsbooks were able to flourish under liberal regulations and that has helped them to grow in strength, size, and sophistication. The online sportsbooks in UK are the benchmark for many seeking to access the world of online sports bookmaking.
The offering these sites provide is truly comprehensive in terms of sports covered and bet types offered. Companies with over 100 years in business, such as Ladbrokes, still stand out.
The British bookmakers also support local football teams. For example, Bet365 sponsors Stoke City, while Sportingbet has Wolverhampton Wanderers. This shows the strength of these businesses.
The online casinos in United Kingdom also represent quality. Some, such as Bet365 Casino, also have sportsbook platforms. All-in-one. And these are accessible to punters and gamblers worldwide.
Now, however, the British online casinos are seeking to enter the promising land, America. At this point, Nevada has legalized online gambling within state borders and the British are coming. For instance, William Hill is already there. The Silver State, after all, may bring significant revenues.
Indeed, many land-based casinos in Nevada are looking to team up with online casinos to offer both a brand name and online wagering. And who is better than the British online casinos given their experience and common language?
Since many online casinos are equipped with sportsbooks, the Brits are looking for American punters, too. Since the sports betting is allowed to exist in only five states so far, including three Western states (Nevada, Oregon, Montana) and one East Coast state (Delaware), the opportunities are there. Yes, the Brits may as well conquer the American West.