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Benefits of Legalizing Gambling in Developed Countries
The morality of gambling has been a matter of contention in society for most of its history. While some people perceive it as a fun activity, others see it as a threat to individuals’ social and economic well-being. Whether you are for or against gambling, and that incudes sports betting, it is crucial to note that both sides of the argument offer valid points. Ultimately, the question you should ask is if the negatives to gambling outweigh the benefits or vice-versa.
Although there have been major steps in countering the negative argument with countries such as the United States and Canada legalizing gambling, some still hold on to the idea that gambling is inherently harmful. The former has created regulatory bodies that control gambling activities. These bodies strike a balance between the activity’s risk and perks by ensuring player safety and security. So what do these developed countries gain from legalized gambling?
Fair and responsible gaming
Countries that hold onto the notion that gambling should be criminalized have systems and policies to punish those who go against the law. Lack of adherence is met with jail-time or fines, and while these might sound like effective deterrents, they are not; gamblers devise ways to go against the rules by either going to underground casinos or playing online.
For the former, this comes with a need for immense secrecy and risks of altercations with the law, which also puts you in danger. On the other hand, the latter offers unmitigated risks as the increase in online casinos means a higher risk of playing on an unreliable platform.
Legalizing gambling ensures that a reputable body governs each casino a player goes to. This way, you are reassured that the authority addresses any aspect of misconduct. Hence, you reduce the risk of losing money or getting scammed. The presence of regulations ensures fair gaming.
Although thanks to the growing online casino industry in Canada and other countries, not all platforms are regulated locally, it is easier to follow up with casinos that don’t adhere to the regulations. You can access a review of Canada online casino options before choosing a gambling platform or leave feedback of any to caution other players of misconduct or let them know about good deals. Thus, legalizing gambling allows the free flow of information that is crucial to the player experience.
Provides avenues to tackle addiction
One of the greatest concerns when it comes to gambling is that it poses an economic risk to the player. Several instances of gambling addictions have been reported, with some people losing their financial resources in a game. This idea of compulsive wagering elicits fear that legalizing gambling opens the society up for more cases.
In essence, this is false. While it might be influenced by access, the rate of gambling addiction is not necessarily dependent on whether the activity is legal or not. People will gamble, whether it is acceptable in the law or not.
Legalized gambling creates room for the creation and provision of resources to deal with addiction. Since gambling is deemed a common and acceptable activity in these developed countries, it is easier for gamblers to seek help when they feel they are overdoing it. Countries with legalized gambling often provide resources to help with addiction, including counseling services or avenues to self-regulate.
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You will find that some platforms that offer online casinos for real money and reviews on its also caution players on the dangers of irresponsible wagering. This is a requirement from regulatory bodies and indicates a casino’s adherence to gambling laws. It helps ensure that while these casinos provide an avenue for you to enjoy your favorite games and make real money, they also ensure the player’s well-being.
Safety and Security
Online gambling offers gamblers the choice to play for free or for real money. When you choose the latter, you will need to provide personal information, such as identification documents and addresses. At times, you might have to use your credit cards to fund your account.
Online casinos use encryption technology to protect your data from external access and fraudulent activity. Legalized gambling helps ensure that if you have an issue, complaint, or are suspicious of authorised access, you can follow up with the relevant authority.
Job Creation
The gaming industry has created over 1.8 million jobs worldwide. This number is from online and land-based casinos. Additionally, when it comes to the latter, the casinos’ traffic seeps into other aspects of surrounding communities. This way, gambling has created jobs both within and without the industry.
While this isn’t necessarily considered a form of job creation, some players graduate to professional gamblers, making the activity their source of income. This form of economic benefit has alleviated some from poverty and allows them to fend for their families.
Tourism
Cities such as Las Vegas, Atlanta, and Macau are known as gambling capitals of the world. They are not only homes to some of the best casinos, but also sort after travel destinations. Although these cities were initially or are best known for their standing in the gambling world, they have morphed into all-rounded experiences. They have luxury hotels, proximity to attractions, and resources for both leisure and business travelers.
Taxes
The US government made 43.61 billion dollars from casinos in 2019, while the Canadian government made $1.25 billion and the United Kingdom made ÂŁ2.9 billion. These sums are from both online and land-based casinos. Legalizing gambling allows for economic growth through tax revenues.
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As the industry continues to witness the growth of the online gambling market, there is an expected revenue increase.
Conclusion
While the good outweighs the bad, the latter is at times too significant to overlook. Some gamblers have lost massively. It is crucial to understand that, like every other thing, an individual’s gambling experience has to do with a lot more than the legality or illegality.
When developed countries legalize gambling, they create avenues for both players to experience the perks of the activity with security assurance. Casinos are also protected.
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Atlaslive Partners with Oddin.gg to Elevate Esports Betting in LATAM, Offering 24/7 Betting Markets and Cutting-Edge Odds Feed
Atlaslive, a leading provider of innovative iGaming software solutions, has announced a strategic partnership with Oddin.gg, the premier B2B provider for esports betting. This collaboration will enable Atlaslive to expand its comprehensive Sportsbook offerings, providing LATAM operators with cutting-edge esports betting services that feature real-time odds, live streams, and a wealth of fast-paced betting markets.
âAs a company committed to providing scalable, reliable, and flexible iGaming solutions, our partnership with Oddin.gg is the perfect complement to Atlaslive’s mission of delivering excellence to our partners,â said Lidiia Vakulenko, COO of Atlaslive. âThis collaboration enables us to bring the full potential of esports betting to the LATAM market, offering our partners advanced tools for managing odds and creating a more engaging experience for esports fans.â
By integrating Oddin.ggâs award-winning esports betting ecosystem, Atlaslive enhances its dynamic iGaming Platform with an unrivaled esports betting experience. This includes an esports-centric odds feed and 24/7 content, ensuring that operators can consistently offer a dynamic range of markets to eager bettors. Oddin.ggâs seamless iFrame solution also simplifies the front-end integration for Atlasliveâs partners, allowing for efficient access to a wide array of esports events and betting options with minimal operational overhead.
Oddin.gg is renowned for its end-to-end esports betting ecosystem, which includes a multi-award-winning odds feed, risk management services, live esports data, and a variety of other solutions tailored to the needs of esports operators. This partnership is poised to accelerate the growth of esports betting in Latin America, a region experiencing a surge in interest for competitive gaming.
âPartnering with Atlaslive is a natural step in expanding our presence in Latin America, which we consider our second home,â said Marek Suchar, Managing Director at Oddin.gg. âAs a platform deeply rooted in the regionâs B2B landscape, Atlaslive brings a focus on delivering a trustworthy, flexible, and scalable solution. Together, weâre eager to push the boundaries of esports betting in this high-potential market. Through our collaboration, we aim to offer an unparalleled esports betting experience, catering to the rapidly evolving needs of LATAM operators and bettors.â
With esports growing in popularity across Latin America, this partnership solidifies Atlasliveâs role as a key player in the region’s iGaming sector. The addition of Oddin.ggâs advanced esports offerings allows Atlaslive to better serve operators looking to tap into this rapidly evolving market.
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Tom Horn Takes Players on a Hold & Win Adventure in Max Gold. Exploring the Unknown
Tom Horn Gaming invites bold adventurers to join Max Gold, the fearless explorer, as he delves deep into faraway lands, seeking hidden treasures, legendary jackpots, and mysteries waiting to be uncovered.
With an array of exciting features, including the Hold & Win bonus game with jackpots and respins, shatter mode with increasing multipliers, stake booster, and bonus buy, Max Gold. Exploring the Unknown promises endless excitement and fantastic winning opportunities.
Unleash the Power of the Hold & Win Bonus Game
Played across a 5×5 gaming board, Max Gold. Exploring the Unknown offers 35 paylines. At the heart of this action-packed adventure is the Hold & Win bonus game, which is triggered by landing three Bonus symbols. In this feature, base game symbols vanish, making way for respins and hefty cash prizes.
Players start the Hold & Win bonus game with 3 respins. Each new symbol resets the counter to 3, extending players’ chances of landing fantastic rewards. All bonus symbols pay out exclusively during this bonus round and remain fixed on the reels throughout.
Cash symbols can award prizes ranging from 1x to 50x the player’s bet. Additionally, Jackpot Mystery symbols offer a shot at one of the game’s four jackpots: MINI, MINOR, MAJOR, and the coveted GRAND Jackpot. At the end of the HOLD & WIN bonus game, all cash and jackpot prizes are tallied to determine the total win,
For those who can’t wait to jump straight into the action, the Bonus Buy feature allows players to instantly trigger the Hold & Win bonus round for 60x their stake.
Higher wins with Stake Booster and Shatter Mode
Max Gold adds an extra layer of excitement with shatter mode and stake booster, amplifying players’ chances of bigger wins and giving them more control over their stakes.
The Stake Booster multiplies the player’s total bet by 1.5x, adding more Bonus symbols to the reels and increasing the likelihood of entering the bonus feature by an impressive 300%. This mode keeps the adrenaline pumping, offering a heightened chance of hitting big wins.
The game also features the shatter mode, which activates after any win lands on the reels. Winning combinations shatter, making room for new symbols and potential further wins. Players can enjoy up to four consecutive shatter rounds, with a multiplier increasing after each round, up to a maximum of 4x.
Max Gold: The Start of a New Adventure
“Max Gold isn’t just another character, he’s the heart of an epic adventure that players will continue to experience in future instalments. With his Indiana Jones-like persona, Max embodies the thrill of exploration and discovery, which we believe will captivate players as they embark on exciting quests for hidden treasures,” said Katarina Slaninova, Head of Marketing at Tom Horn Gaming.
Max Gold. Exploring the Unknown promises to captivate players with its engaging features, vibrant visuals, and excellent gameplay. With its medium volatility, the game strikes a perfect balance for players who enjoy a mix of frequent payouts and substantial rewards, with every spin unlocking bigger treasures.
The game goes on general release on 7 November.
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Spinomenal strengthens Demi Gods series with Book of Demi Gods VI title
Leading iGaming content provider Spinomenal has taken its Demi Gods series to new heights with the launch of its Book of Demi Gods VI.
This Spinomenal tale takes place in the Ancient Asgardian Realm amongst golden halls and vast landscapes. Players must join a courageous battle between the legendary powers as Thor, Loki, Odin, and Freja battle for dominance. Mystical and atmospheric soundtrack adds to the atmosphere on the reels. A silver battle shield represents the Wild symbol and counts as any symbol except free spins symbol – five wild symbols on a winning line will pay bet per line x300.
Yggdrasil, the World Tree, acts as the Free Spins symbol and when three or more full-sized scattered symbols will trigger the free spin feature. Each time players discover the free spins symbol they will move onto the next consecutive free spins feature.
The first Free Spins feature comes in the form of Loki for the Winning Symbols Respins feature. This mode ensures that all winning combinations reward a respin, with the winning symbols staying in place as non-winning symbols are removed and replaced with new ones.
Second up is Thor for an Extra Wilds feature. During this free spins mode, as the reels are spinning, three to five extra wild symbols will appear on the slot to boost winning chances. Five wild symbols on a winning line will pay a bet per line x300.
The penultimate feature is depicted by Freja and is Shifting Reels Respin. In this round, after each win the game will trigger a free respin where all the reels move one row down and a new row on top will be revealed
The final stop is alongside Odin for Stacked Wild Respins where each time a stacked wild symbol lands fully on the reel a respin will be triggered.
Spinomenal CO-CEO, Omer Henya commented: âOur latest Asgardian slots adventure is the sixth in our Demi Gods series and it is a worthy addition to our portfolio. The multiple features that players can reach with Free Spins symbols ensure this an otherworldly triumph.â
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