 British debt
increasing at online casinos
Because it doesn’t seem like “real money,” many
online casinos players all over the world are being hit with a
gambling addiction problem. A recent focus of this addiction to
online casinos was showcased with the United Kingdom online
casinos and United Kingdom residents and visitors of online
casinos profiled as the main subjects.
Online casinos have enjoyed unbelievable growth on the Internet
in recent years, and this explosive expansion has come with much
scrutiny and has created quite the crowded online casinos
marketplace. But the current state of online casinos is healthy
and ripe with new developments and news. The online casinos
industry is always exciting, but very dangerous nonetheless.
Many websites now cater to betting, and the poker craze that has
hit online casinos shows no signs of slowing down. Are consumers
in danger at online casinos? Will customers be addicted? Are
online casinos aimed at addicting their players? The answers are
anything but clear, but one thing is for certain, online casinos
continue to attract bettors and gain great profits.
The good buzz that was attached to online casinos may now be
running out as more and more gamblers are finding addiction on
the web.
Online gambling is sweeping the United Kingdom, for example.
Four million British residents play at online casinos each
month.
It is making millionaires out of the entrepreneurs who run the
companies. Last year the industry made £5.2 billion. But it is
also putting more and more of us at risk of serious debt.
The average online gambling debt in Britain is £25,000.
Elaine Churchill started gambling online when she was at home on
maternity leave.
She would play while her daughter was having a nap and one day
she took up the offer of $50 free bets.
She got addicted. She played with real money.
"The money didn't seem real because it was transferred by bank
transfer or credit cards. It didn't seem like real money, it
wasn't like handing over wads of cash if you were to go into a
casino," she said
She was living a secret life that her husband knew nothing
about, and she gambled all the time in her spare time.
At first she was winning, but success did not last. Elaine began
to get into serious debt, but she did not stop.
"I thought there was some way I could possibly win the money
back," she says.
"I just kept on thinking I've got to recoup my losses, even if
it means borrowing more money."
Elaine ended up £45,000 in debt.
When she finally revealed it to her husband, she thought it
would end her marriage and her husband even threw her out of the
house because of all the distrust, the lies, and the secrecy.
It is currently illegal to run an internet gambling operation in
Britain, but that is about to change. A new Gambling Act will
open the door for companies to open up shop in Britain.
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