More British Online Casinos continue to Surface on the Internet
29 November 2005

The number of online casinos being released in Britain is on a steady rise, and it is estimated that this rise could cause an increase of 50%, which would mean the total number of sites would reach 211. This is a truly amazing number, which is further proof of how well the online gambling industry is doing in the British market alone.

However, although more and more British online casinos continue to surface on the internet, the new Gambling Act has yet to be put in place. Therefore, all the applications concerning new casino licenses have been granted under the old regulations. That being the case, it will be interesting to see what the new terms and conditions of the act will impose on the gambling industry in the upcoming years.

To give you an idea of how online casinos are rapidly increasing in Britain, one of Britain’s largest online casino groups, Stanley Leisure, which already has 41 operating sites, is hoping to launch 8 new sites by the end of this year. Imagine, that will total the group’s sites to an astounding 49 online casinos. When you stop to think about it, this is a truly amazing fact, especially since Stanley Leisure only counts for one of the groups hoping to release new sites.

Tessa Jowell, the Culture Secretary, spoke of her concerns about the increase of applications and implemented a cut-off date for submissions regarding the old legislations which will occur in April of 2006. Once the new Gambling Act comes into effect, casino groups will no longer be able to have more than 17 sites. The focus of the new act is to create larger online casinos, as well as an establishment that is based on the look of a Las Vegas resort.