The whole experience of onlinecasino and poker was built around the castle of opulence. Everything had to be classy and rich, men in their suits and women in their dresses, it had to be about the emotions on the face and the tricks you played with your smile and all of that is gone. The suits and dresses have been replaced by mere pyjamas, the long black table has been replaced by mobile phone and the charismatic dealer has been replaced by artificial intelligence. People looked towards poker for its charisma and charm, the tense air around the player, the elation of winning big, the disappointment of losing when you thought you were in for the win, all that has just vanished.
The dark side of the moon:
The allegations that criminals use these websites to launder money through the unsupervised fund transfer chain have also come up time and again. There have been cases where lawsuits have been filed and cases have been fought against onlinecasino sites for allegedly funnelling black money through their platforms. To add to all these malicious traits, multiple scientific studies have found an increased rate of mental health problems as well as substance abuse amongst internet gamblers in comparison to non-internet gamblers. Although these reports don’t establish internet gambling as the only cause behind these observations, yet it has been hypothesized that the instant indulgence obtained from online games can give rise to pathological problems in the players.
The enactment of the casino act:
In 1994, Antigua and Barbuda, a country in the West Indies, passed the Free Trade and Processing Act. This Act allowed licenses to any organization applying to open an onlinecasino. This marked the beginning of the era of online gambling. The following years saw a lot of bills and acts being passed to regulate and keep the industry legitimate. In 2011, a media and analytics company found that the online gambling industry was one of the fastest-growing, with nearly 10 million U.S users. By 2018, the industry had reached a valuation of anywhere near to 56 billion dollars.
An epidemic or not?
But, not all of these off-shore banking services are to be trusted. You need to do your research before you commit to a particular service. Get to know how long the banking service has been around. By this, you can easily tell whether it is legitimate or not. Longer survival, the more it is trusted. Once you have made up your mind to choose a service, do not start with huge transactions. Firstly check with a small amount and then begin your larger transactions.