A recent study by the Annenberg Adolescent Communication Institute found that more than 400,000 male youth gamble for money at least once a week and over 1.7 million gamble for money at least once a month. This is a sharp increase from the previous year, when only a few percent of high school males gambled for money. Although there are still high rollers involved in online gambling, the statistics aren’t nearly as shocking.
Although online gaming may be risky, legitimate websites have government licenses and are subject to monitoring and government regulation. Always check licensing and monitoring information on the website, as scammers lurk in the shadows, waiting to get your money. Also, be aware of your country’s laws and regulations on gambling, as some countries consider it illegal and a felony to access an online casino. All countries also have age limits, so it’s always a good idea to check your country’s gambling regulations.
Despite its widespread popularity, many countries still restrict the activity. However, many US states and Canadian provinces are legal jurisdictions for online gambling. The European Union and several Caribbean nations also permit online gambling. Licensed service providers are required to be licensed in the majority of states and jurisdictions to operate legally. The Pennsylvania Gaming Control Board is one such licensing authority. These regulations aim to protect consumers, while preventing online gambling from becoming a profitable industry.