Best Online Casinos Around the World
Most of the online casino offices are highly dense, located in a few areas. However, online casino players come from all corners of the world. From New Zealand, through Europe and the UK, all the way to Canada, you can stop anywhere and you will find online casino players.
Governments treat online gaming differently, and their decisions literally shape both the online gaming industry and the market. Some of these decisions are in favor of individuals who are eager to try playing online casino games, whereas others are a “death sentence” for online gaming. For now, considering the global situation, online gaming’s future is guaranteed. Nevertheless, there are other matters you should know as an online casino player regarding legal matters. If you don’t want to be caught off-guard, or if you want to get familiar with the situation in your country, simply click on the country, and you will be given in-depth information.
There Are a Few Large Groups of Online Casino Markets
As a rule of thumb, the majority of developed countries allow online gaming, with a few exceptions. We can identify a few large groups which will give you an overview of how online gaming looks on a global scale. Here are the regions. Bear in mind, each government has its own set of laws, rules, which recognize or simply do not mention it anywhere, more about the implications of this later on.
- Mainland Europe and the UK
- The United States of America
- South America
- Australia + New Zealand
- The Far East
Before you jump into conclusions, or before you get your pitchforks because we included the USA and Australia, we know they’ve declared online gaming is illegal on a federal level. In spite of online gaming being illegal, we have to treat them as big, important online gaming markets. Just because it’s illegal now, it doesn’t necessarily mean there aren’t any online casino players, they’re just not playing anymore.
Europe holds the majority of online casino players. Sweden, Germany, Austria, Norway and the United Kingdom are the best regulated, and the biggest online casino player hotspots. Malta is Europe’s capital of online gaming. That’s where all the casinos have their offices and the Malta Gaming Authority is monitoring their activities.
Players from the Far East can enjoy online casino games, but online gaming is in the gray area. Because of this, many online casinos have these countries in their restricted territories lists, such as China for instance.
Play Online Casino Games Only If It’s NOT Ilegal in Your Country
Not all governments are concerned with the legality of online gaming, they got better things to do. You most likely know, but laws are subject to interpretation, meaning it can sound as it means one thing, but it can be interpreted differently. According to the authorities, if it’s not explicitly mentioned in the law, it can’t be illegal. For example, when we say gray area, this is precisely what we mean. The government does not want to regulate online gaming, which means if the casino allows you to register, you can play, win and withdraw. However, there’s the USA, well, most of it. The US Federal Government prohibits all online gaming activities. In recent times, some states have decided to take a different approach, which has proved to be fruitful, both for the local authorities, for online casino players and for the operators. As we said, the USA is a distinctive online gaming market.
However, there’s the Czech Republic, which imposed an all out ban on online gaming, just like Australia. As the heading suggests, if you’re playing online casino games, and it’s illegal in your country, say you’re from the Czech Republic, you will not be allowed to register. Even if you do, the casino will confiscate any winnings.
Online Casino Game Providers and Country Restrictions
Because of various legal matters, licensing, permits and the nature of the games, certain online casino game providers are not allowed to entertain players from some countries. The best, and most clear example is Canada. Online gaming is legal, players can play online in a controlled, regulated gaming environment without worrying if they’re given a fair chance at winning. However, NetEnt, one of the biggest and best online casino game producers has moved away from Canada. This doesn’t mean Canadians don’t have a wide array of games to choose from.
Canada is just one case, there are many others. For example, Spigo games are not available in the UK, players from Denmark can’t enjoy Quickspin and Microgaming games, and Ezugi Live Games are not available to players from Israel and the UK. This is why two players from different countries rarely see the same online casino game collection and the same bonus offers.
Online Gaming Winnings and Tax Implications
Another seemingly unimportant thing we take a look in every online gaming market are the taxes that your winnings might be subject to. We can draw a conclusion, that is, and we warn you, a general explanation, and shouldn’t be taken as legal advice. If online gaming is not regulated, any major winnings can be subject to personal income taxes, which usually levy a tax rate of 10%. However, in markets where online gaming is regulated, like the EU and the UK, the online casino operator pays the taxes. The governments want their share of the pie, otherwise it wouldn’t be legal to play casino games.
Online casino winnings are not treated the same as sports betting winnings. This is very important.
In order to make online gaming more convenient, online casino operators have taken the responsibility to pay the taxes. Fortunately, governments have also come to their senses. Imagine if every single online casino player had to pay the taxes individually.
In short, online gaming is closely monitored by the authorities because of high tax revenues which legally they should get. It’s all about the money.