Regulating Online Gaming Sites

1. Regulating Online Gaming Sites Essay
2. Regulating Online Gaming Sites
3. Regulating Online Gaming Sites Online
4. Regulating Online Gaming Sites Opinion

The Growth of the Gaming Industry

According to Newzoo's Global Games Market Report, Gamers will spend about $137.9 billion this past year on games. They are expected to spend about $151.9 billion in 2019. If you look at previous years' gaming revenue, you will notice a trend:

It's important to note that online gaming is an incredibly complex topic to analyze, given not only the myriad of factors involved but the constantly changing nature of the market. Statistics from just a year ago can only tell a partial story, and consumer demands can turn on a dime. All of this being noted, the one constant is rapid growth other industries only dream of.

Increasing Player Bases, Revenues, and Investments

The market is potentially the largest, and the PC game scene is the most mod-heavy (mods are fan-made patches which provide new assets or functionality to a game) and many gamers prefer to use a more precise mouse a keyboard to play their game of choice. Regarding online gaming, PC is the easiest platform to have online play. USA Unregulated Online Gaming Sites. There are two types of unregulated online gaming sites in the context of the United States; those that are unregulated in the US but licensed and regulated in recognised and reputable offshore online gambling jurisdictions, and those that are not licensed in any jurisdiction. MGC Regs Part 6: Authority of the State Gaming Commission. MGC Regs Part 7: Accounting Records. MGC Regs Part 8: Technical Standards for Gaming Devices and On-Line Slot Systems. MGC Regs Part 9: Racebooks and Sports Pools. MGC Regs Part 15: Fantasy Contests. New Adopted Regulations (PDF format) Proposed Regulations - Public Notice. Finally, online gaming calls for regulation with just the right sense of balance. You have reached your weekly free article limit. To get full access, please subscribe.

Gaming, much like other forms of entertainment, has become a huge industry. Here are a few statistics and fact to show you how far it's come since the days of the Atari and the NES:

• Newzoo's 2018 predicts that by 2021 consumer spending on games will be about $180 billion, climbing at a steady rate over the years.
• Filmora indicates that there are currently 2.341 billion gamers worldwide in 2018 and that by 2021 that number will rise to 2.725 billion.
• As of September 2018, the game Pokémon Go alone has generated $2 billion in revenue.
• Even going so far back as 2016, the revenues for video games surpassed those of the music and film industries combined.
• While most developers won't release budgets for modern games, the combined development and marketing costs of Grand Theft Auto 5 (released in 2013) totaled to about $265 million. Only the very largest films of all time (including their marketing costs) top that cost.
• The ESA reports that there are 2,711 video game company locations in the USA, and that there are about 65,678 people currently working for publishers or developers.

What Platforms Are Games Being Developed For?

According to information obtained ahead of the 2019 Games Developers' Conference, here is a rough divide on which platforms were being developed for alongside a few notes for each platform:

PC computers: 66 percent

• Nearly anyone can create a PC game. With a few tools and bought assets, you could likely develop a low-quality PC game by yourself in a manner of weeks.
• There are no licensing fees for PC and no devkits to buy.
• The market is potentially the largest, and the PC game scene is the most mod-heavy (mods are fan-made patches which provide new assets or functionality to a game) and many gamers prefer to use a more precise mouse a keyboard to play their game of choice.
• Regarding online gaming, PC is the easiest platform to have online play for.

Smartphones and Tablet Devices: 38 percent

• Mobile gaming has a strong hold on the total market (even more on that later), and generates a massive amount of income for gaming companies.
• Smartphone and tablet devices generally have the same games available to them based on the OS for the devices, either Android or the latest iOS.

PS4 Consoles: 31 percent

• As of March 2018, there were 34.2 million Playstation Plus (Playstation's online gaming service) subscribers.
• It should be noted that many of the popular games for consoles are single-player experiences, especially when compared to mobile devices.

Xbox One Consoles: 28 percent

• For most purposes nearly the same as the PS4, with the exception of some games exclusively produced for the PS4.
• There are very few exclusives for the console, but the online gaming base via Xbox Live has historically been very strong, with about 59 million active users.

Mac Computers: 20 percent

• Mac Exclusive games are nearly unheard of in the industry. Nearly every release is also available for the PC.

Nintendo Switch: 18 percent

• It should be heavily noted that this percentage is likely to increase heavily due to the success of the Nintendo Switch. Many developers expressed interest in the console for the future.
• Due to Nintendo's efforts, practices, and standards, there generally are fewer games allowed to be developed for the Switch.
• Nintendo's online service is currently too new to have concrete statistics on the number of users.

VR Headsets: 17 percent

• This number means the number of games that are not only developed exclusively for VR, but also games that have some form of VR support.
• VR is a growing, if small, market. According to statistics by Valve, about 0.7 percent of Steam users have a VR headset connected to their PC.

Web Browsers: 13 percent

• Many web browser games are simple browser versions or ports of mobile games.
• Many more, depending on what counted according to the poll, might be flash games that are more training or experiment than a product.

AR Headsets: 7 percent

• Many of these selections are experimental and not a large part of the overall gaming market. What will be interesting to the greater gaming industry is how popular AR devices and games become in the coming years.
• Given the profitability of titles like Pokémon Go, many developers (20 percent) are interested in exploring AR technology in some form or another in the future.

It should also be noted that a game can be and very often is developed for more than one platform at once, hence the percentages totaling far more than 100.

Additionally, it should be noted that just because a game is developed doesn't mean a game is popular. While we would love to have more sales data that can provide a greater background of the industry, many developers and companies like to keep their sales numbers under wraps to keep an edge up over the competition.

Gamers by Platform

According to the ESA 2018 Sales, Demographic, and Usage Data release, US households play games on the following platforms:

Differences by Region in Gaming

You might consider gaming in the Western context, but you should know that gamers are in countries all around the world, and the USA isn't even the top creator of game revenue. According to Filmora, the top 10 countries are as follows:

China is the greatest outlier here because many games that do well in America do not necessarily do so well in China. As mentioned earlier, this is due to the fact that China's gaming market is heavily focused on mobile revenues and microtransactions. Despite blocks on some games, in 2016 mobile games were responsible for more than 50 percent of all digital gaming revenue, and the trend has only risen from there. Newzoo suspects that by 2021 mobile revenue will make up a shocking 70 percent of gaming revenue in the country.

Japan, while the third largest market, spends the most money per person on games according to Newzoo (1.5 times the average North American gamer). The market grows about 15 percent each year and this comes as no surprise given the number of Japanese developers and publishers that have heavy footholds in the industry (recall that both Nintendo and Sony are Japanese companies).

The main other consideration to note is that the cost of gaming is often more expensive in Western countries outside of the US, so European countries might not have such a strong gaming culture or as large of a player base.

The Average Gamer of Today

While you might think of the average gamer as a younger male, you might be surprised to learn about some of these statistics regarding gamer demographics:

• The average gamer is 34 years old. The average male gamer is 32, and the average female gamer is 36. Younger gamers might dedicate significantly more time to the hobby as they have more time, but the market is skewing towards middle age as more people are growing up with games in their life.
• 45 percent of gamers are women, although it should be noted that the games men and women play vary. According to Newzoo, on the PC men preferred as their favorite genre shooter (41 percent), strategy (40 percent), and action/adventure (35 percent) games in that order. Women preferred action/adventure (36 percent), strategy (35 percent), and simulation (31 percent) games. The general trend shows itself across all platforms.
• Newzoo also notes that while the percentages of 'core gamers' (according to them gamers who play a game more than 5 days a week) are similar along gender lines, men are across the board more likely to pay for games.
• As far as self-reported core gamers, those who say gaming is an important part of their life, 70 percent are men.

The Direct Impact of Online Play

• According to the ESA data, 50 percent of gamers consider online play capability a factor into their purchasing decision. This was the fifth most common factor, with graphics, price, story, and game series being the first four.
• The same data notes that 56 percent of the most frequent gamers will play multiplayer games with other online an average of 7 hours a week.
• Of frequent gamers, 55 percent say that video games help them stay close with and connect to friends.
• Esports is also making a notable mark on the industry, with NewZoo noting that in 2017 22 percent of US male millennials watched esports. The $30-60 million price tag on an Overwatch League team slot also demonstrates the investments companies and individuals are willing to make on esports.

The Rise of Mobile Gaming

According to Newzoo's report, in 2018 mobile games will generate 51 percent of revenue for the industry, or about $70.3 billion. They suspect that by 2021 that number will top $100 billion, especially as more people adopt smartphones and more advanced smartphones (which better graphics processing) come to market. This would be unheard of five or even a few years ago, even to those who knew that the market was climbing rapidly.

• While tablet games make up $13.9 billion of that $70.3 billion made in 2018, smartphone gaming revenue totaled 56.4 billion, making it the clear winner for the future.
• Mobile gaming grew 25.1 percent in 2018 compared to the previous year.

The Fortnite Effect

You've probably heard of Fortnite, and it's one of the few games that's universally caught on with kids for a few reasons. We would like you to consider these statistics in the scope of the larger market and would also like you to see it as an example rather than something special in itself. There will be other Fortnites, but these trends will repeat themselves:

• LendEDU performed a survey that found that 68.8 percent of Fortnite players have spent money on in-game purchases.
• Of those spenders, the average amount spent was $84.67.
• For nearly 37 percent of those spenders, this was the very first time they have made an in-game purchase.
• The poll found that the average player spends six to 10 hours a week playing the game.
• LendEDU also found that out of students who played the game, 35 percent have skipped class to do so. Also, 20.5 percent of workers surveyed have skipped work to play it.
• According to Bloomberg and Gamesindustry.biz, as of November 2018, the player base totals about 200 million, and it's only been growing since. To put it into perspective, the user base of Fortnite is likely larger than the population of all but four countries.
• According to Verto Watch, 62.7 percent of players are between the ages of 18-24. What we can take away from this stat is that the Fortnite audience skews very young compared to the greater gaming population.
• The Verto Watch results also note that 72.4 percent of players are male, and 27.6 percent female. Given the popularity of shooters among males, this comes as no surprise.

It's noteworthy that Fortnite is a free-to-play game, albeit a high budget one. A nearly 70 percent conversion rate is absurd compared to the industry average of about 5 percent. And compared to the 'whale' model in which in most games where one percent of players spend by far the greatest amount of money on the game, Fortnite has a bit more even distribution.

The main takeaway we can expect from this is that game developers and publishers are going to try and emulate the features and successes of the titan in hopes of getting some of that market share, much like how the MMO market flooded with clones after the runaway success that was World of Warcraft.

Conclusion

More than most industries, online gaming is a market that can turn in a matter of months or even weeks, as gamers seek to find the hot new game or developer changes drive customers away towards newer markets and products. Overall, we generally ask that you don't consider the ups and downs of games and publishers individually but the industry as a whole. That will be the only way to truly understand where online gaming is headed beyond the next year and know what you can be exited and concerned about.

We also ask that if you game yourself or if you have family members that play video games, you consider their habits and health with gaming as well. The stats and details on gaming addiction aren't in yet (whether it exists is still up for debate), but some of these stats can be alarming and you should protect yourself and your family from potentially predatory practices that may be occurring or will occur.

We hope that you have all the information you need now, and we encourage you to share this post or ask questions if you want to know more.

Online casinos are very popular among players worldwide, yet it is illegal in most of the United States. However, there are approximately 70 countries in the world where online casinos are legal. It is very difficult to prosecute the illegal players of online casinos, as they do this right from their homes. Typically, remaining within the law is the responsibility of each player, as they are required to agree the terms and conditions of the online casino they choose to gamble in. as it is obvious, it is very important to obey to the rules and regulations of online casinos, in order to avoid any legal issues from appearing. There are some important things you need to know regarding the legality of online casinos in order to make sure you have a completely legal and good user experience when using such websites for gambling.

Gambling Laws by Country

There are many countries in which online gambling is illegal, yet there are many countries and jurisdictions in which online gambling is already legal. Although you will find thousands of gambling sites over the internet, it is important to know whether you comply the legal rules before playing in an online casino. Here you can see some information regarding the law of gambling in specific parts of the world.

If you want to know more about the online casino industry, you can also consult our guide to Start Your Online Casino

United Kingdom

In the United Kingdom, online casinos represent a great business, as online gambling is well regulated here. Anyone over the age of 18 is allowed to gamble online in the UK, where not only are gambling sites allowed by law to operate in this country, but they are also allowed to offer their services to UK residents.

Europe

The online gambling legislation varies widely thorough Europe’s countries, as some of them allow online gambling to operate legally, while others did not legalize it yet. As the gambling laws differ from a country to another in Europe, it is important to attentively check the local law before gambling in online casinos in your country.

Canada

In Canada, the law regarding online gambling is a bit unclear, as there are actually no laws to state that Canadian residents are not allowed to place a wager or play in online casinos using real money. Additionally, there are some provincial governments within Canada that operate online casinos, but at the same time, companies are illegal to operate betting sites in this country.

United States

The legality of online casinos in the United States is a matter of difficulty, as long as the law is a bit complicated in this issue. The Wire Act of 1961 made interstate telephone betting illegal and the same rule applied later for online gambling. However, in 2006, a new act, called the Unlawful Internet Gambling Enforcement Act, was passed, and it changed things a bit, as it claimed that it was illegal for banks and financial institutions to process transactions from US residents in case they were linked to online gambling. This determined many online casinos not to accept US players anymore. Nowadays, several US states decided to introduce new online gambling legislation and regulation in order to license online casino sites within the US.

Watch this video to find out some online casino sites that accept US players:

Australia

In Australia, there is no law to prohibit Australian residents from gambling online, thus it is a legal activity in this country. However, the legislation of Australia specifies that it is illegal to provide residents with interactive gambling games.

Explaining the Gambling Jurisdiction and Licensing Authorities

As specified before, the legislation regarding online gambling differs depending on the country, so that there are online casinos that are allowed to function, while there are countries which strongly prohibit the use and function of online casinos on their territory or by their residents. Any region in which gambling sites and such related operators are licensed and regulated is known as a gambling jurisdiction. Each of the existing jurisdictions has an organization that is responsible with issuing and regulating the licensing in this matter, and these organizations are known as licensing authorities. Every online gambling site that wishes to function legally needs to hold a license issued by its licensing authority. It basically depends on the players themselves to check whether an online casino website is properly licensed before using it, in order to avoid further legal issues for using the chosen online casino.

Main Jurisdictions

There are a variety of jurisdictions that license and regulate online casinos. Some of the most popular jurisdictions in the world are the following:

• Alderney
• Antigua and Barbuda
• Costa Rica
• Gibraltar
• Malta
• Isle of Man
• Israel
• Netherland Antilles/Curacao
• Kahnawake

The different issues in the different gambling fields

Some of the problems that might occur when playing online casino games include not being paid for the money you win. For this, it is important to always play in online casinos that accept players from your country or region.

Casino Games - (Roulette, Blackjack, Slots)

Playing online Roulette is also depending on the country or region. While it is perfectly legal to play online roulette in some countries, it might be completely illegal to do this in other countries.

As in what regards playing Blackjack in online casinos, it is legal to play it for real money and you can easily find plenty of online casinos where you can play it legally. However, while some online casinos accept US players, there are also other online casinos that only accept international players. Even more than that, you can find online casinos which offer their players the opportunity to play blackjack games with live dealers. However, it is important to always be aware about responsible online gambling in order to avoid any possible legal issues.

Basically, the same rules apply for slots played in online casinos. While you can find some online casino sites accepting US players, there are also a variety of online casinos which only accept international players in their site. It depends on you to find out whether it is legal for you to play casino games from your country or region, in order to avoid any legal issues that might occur.

Poker

In what regards the legality of poker, it sometimes differs from online casino gambling, yet many of the same legal issues apply to poker as well. Online poker is legal in many countries, especially including United Kingdom and several nations of the Caribbean Sea.

Here you can see a video on legal issues regarding online poker:

Sports Betting

Sports betting is illegal in the United States and thus it is important to know that US players should not risk betting in sports over online casinos or telephone. US residents who are caught using sports betting online might be seriously prosecuted by law.

Bingo

Although land based bingo is perfectly legal within the United States, online bingo still brings questions regarding its legality. US residents can play online bingo legally, and by doing this, they won’t break any laws. Even more, they can easily get paid for playing online bingo. There are several legal bingo websites used in the US.

Consumer Protection

Unfortunately, while some online casinos are functioning perfectly legal and offer good gambling experiences to their players, there often happens that gambling sites made different frauds, such as refusing to pay withdrawals or using certain cheating software. These are known as rogue casinos.

Minor Protection

One of the main legal issue regarding online casinos includes minor protection. In most countries, it is the gambling operators who must ensure that specific policies and procedures are implemented in order to promote responsible gambling and to protect minors. The terms and conditions of each online casino needs to clearly specify that gambling is prohibited for minor players and the gambling operators must ensure that these websites are not being used by underage people.

Finding out whether an online casino is legal

You may find more information regarding this topic in our article: How to Select Good and Reliable Online Casinos.

Are all legal?

All over the world, federal and local laws are developed in order to restrict online casinos, but there are also laws that allow gambling function as legal. While the gambling laws differ widely from a country to another, it is very difficult to decide whether all the online casinos are legal or not, so it basically depends on the players to find out whether the online casino they wish to use are legal or not in their country or region.

How to find out?

There are several ways that you can use in order to find out whether it is legal for you to use the desired online casino or not.

1.First of all, you need to ensure that the online casino you wish to use for gambling is working under a legally issued license.

2.Then, you need to conduct your own research to find out whether the desired online casino is legitimate and trustworthy.

3.You need to ensure that the content used on the online casino is original and unique, as fake online casinos tend to share their content.

eCogra Role

Regulating Online Gaming Sites Essay

eCogra is the acronym used for eCommerce Online Gaming Regulation and Assurance, which is a leading accredited testing agency that was founded in the United Kingdom in 2003 and which is specialized in the certification of online gaming software and systems. This means that eCogra gives its best in order to ensure that online gambling is safely used by its players.

In this video, you can find some information regarding eCogra:

Money Laundering

Money laundering is a very serious legal issue and in many jurisdictions, it constitutes a criminal offence. Unfortunately, it has covered the online gambling field as well, as some people create gambling accounts using a fake identity and place a certain amount of money into that account. Then, they place equal bets in the roulette table on red and black fields and also they place a small bet on the zero field at the same time. After this, the person who is known as money launderer withdraws the winnings from the account and then requests for a document that shows that the money is made by legitimate winnings.

Conclusion

Regulating Online Gaming Sites

There are some legal issues related to online casinos. Basically, the law differs from a country and region to another and it depends on the player to ensure that it is legal to use online casinos in the country or region of residence.

Regulating Online Gaming Sites Online

Regulating Online Gaming Sites Opinion

Bonus from the Safest Online Casinos