Who benefits from Internet gambling Coursework Example | Topics and Well Written Essays - 2000 words

Who benefits from Internet frolic - Coursework ExampleThe Internet frolic now facilitates any individual to take part in turn right from their residences, offices or any other place of their preference at any time as they play in the casinos. Further, Internet caper offer some new forms of play like tournaments, degraded exchanges, poker, spread betting, which may not be available in traditional casinos. Thus, now, consumer is deriving benefits from the Internet gambling as it offers to him the convenience of playing gambling. U.K, Malta and Gibraltar are the nations from EU jurisdictions, offer the maximum number of e-gambling companies, which account for the lions share of online gambling on the international level as the majority of the players in online gambling are from customers from outside the EU. The Internet gambling offers various advantages to the host nations economy adding large tax income , employment opportunities and business opportunities to Internet service p roviders , mobile companies , software developers , website developers , etc.(Gainsbury 2012 3). This research study impart make an in-depth analysis of the benefits offered by the Internet gambling to various stakeholders of the host nations.As per Goodman (1995), internet gambling offers significant wealth, regenerate local economies and offer more employment opportunities. As of now, online gambling industry is a $35 billion global industry. (Goodman 199528). In 2013, Gibraltar enjoyed $ 80 million in tax revenues from online gambling industries, and it created slightly 2600 jobs for the economy. (Bernews 2014). As per Wall Street Journal, in U.S.A, only Delaware Nevada and New Jersey permit online gambling as of now. Further, it is to be noted that the international online-gambling revenue, pushed by online betting in Europe, in 2012 attained an estimated figure of