Online gambling refers to any kind of gambling that takes place online. This includes online poker, casinos and other forms of gambling on sports. Online ticketing services for the Liechtenstein International Horse Racing was the first gambling website online to be opened to the public in October 1994.
There were very few online gambling companies at the at the time. They were mostly restricted to high-rollers of wealthy families. As more middle class people were drawn to gambling and started to become affluent, the online gambling industry was capable of attracting more operators. This resulted in an entirely new breed of operators who were untrained in the industry and did not have any consumer protection training. Many of these operators operated illegally and running the risk of running into serious legal issues. These operators were not monitored by consumer protection agencies, and many customers lost money.
Recently, the government has lucky hippo casino stepped up its efforts to regulate online gambling in India. Recently the Supreme Court in India ruled in favor of the government position and ordered all state-licensed casinos to offer Internet rolling slots de access to all of its customers. In the immediate aftermath of this ruling all casinos that are licensed by the state of India started closing down. To accommodate the increasing number of players, more gambling sites were opened in India. These sites offered better bonuses, more appealing odds and were also more reliable that the illegal casinos of the past.
There are over 200 Indian gambling websites currently. Many of these sites have expanded to other countries including Russia as well as the United Kingdom and even offshore jurisdictions such as Panama and Barbados. The online gambling sites remain popular with high-rollers, but a growing number of middle-class gamblers have joined the group in recent times. It is clear that gambling on the internet has led to an increase in crime in India. The problem however is that many of the new gamblers who are online in India do not understand that they are running the risk of being targeted by organized crime syndicates operating out of these gambling sites online.
Most casinos that operate online in India will claim that they follow a "look-alike" system, to avoid being identified as a criminal enterprise. But, there are a lot of organized and syndicate-operated criminals who will employ this "look-alike" method to get away with their crimes. People who aren't aware of the "look-alike" method could end up being victims of one or more of the above mentioned criminals. Many governments around the globe have taken strong steps to limit online gambling. India is not an exception to this principle. To legally operate all licensed online gambling operators in India must sign up with the government.
The registration process was initially implemented as a means of protecting the addicts from being contacted by organized crime rings and as a method of preventing many people from being victimized by online gambling addicts. However, the authorities realized the mistake after the introduction of these registrations. The government reinstated the restriction and has since banned all online gambling in the country. This ban has effectively restricted the number of people who can get indulged in gambling online. The majority of the most popular Indian internet gambling sites have changed their online casinos to prevent black-marketing.
There are many reasons why India banned internet casinos. There are a variety of reasons behind the ban on Indian internet casinos. These include the risk of gambling online, the presence of "fake" and untrustworthy operators, and the presence of international criminals in the "licensed" operators. These issues have led to a gradual rise in the cost of gambling online in India. Many people are unable or unwilling to pay for the games, which has resulted in several gambling websites being closed. Online gambling has made it impossible to gamble from the comfort of your the comfort of your home in casinos located in India due to the prohibition.
The government did not stop here and has made sure that the rising number of people who indulge in online gambling is not adversely affected. To discourage gamblers from using the system, it has implemented the "perfect online gaming law" in the form of the National Lottery Plan. This law is ensured that only professionals are permitted to operate the machines. The machines will be controlled and programmed by experts, and the players will not need to be taught. This increases the risk of being cheated and make it more difficult for gamblers to place bets.