Online wagering is a topic that sets most countries and their legislature on edge. Most countries don’t know what to do with online wagering, or the kasino, as it is known in Finland. In Finland they have done what many countries have been unable to do, and that is having it be completely unregulated. Finland is on PAY4D the opposite end of the selection range from Italy and Denmark and even surpasses britain in its liberal laws.
The Finland Kasino
Many people look at the British isles as the ideal when it comes to online wagering, but many people think that they way that Finland handles the kasino makes more sense. Why not just allow for people to go out and do what they want to do when using the net and not worry about it?
It is really difficult for a government to operate what their citizens are doing when they are using the web and when you ban something that is on your computer it is very difficult to operate. Many countries are learning that is costs more to prohibit the casino than it does to allow it to go on completely legally.
Finland has found that its citizens enjoy the kasino and they don’t see any reason for it to stop being in existence. Finns are known to spend more than 50 million annually on the casino, and yet some studies suggest they’ve lower incidents of wagering addictions than some other countries where wagering on net is not allowed at all.
Having legal access to the kasino makes a lot of people much less likely to over indulge because they know that it is there when they want to play and they any longer ! break the law to play either!
While Finland has let things go completely unregulated until now, there was some noise made about them charging some sort of casino tax. No one knows for sure how this will work exactly, but many other countries, such as the British isles and Toscana actually charge casinos a 3% tax and they are able to make millions each year off the casino.
This makes sense as it will allow the Finns to pump money back into their government and into their economy while the people do what they should do.
Many people wonder why it took Finland as long to figure out that they could actually make money on their unregulated casino laws. They has been making a lot of money all along, but they were happy just to be hands off and not have all of the headaches that other countries have in relation to their wagering laws, bans, and prohibited game play.
As one of the most liberal countries where online wagering is concerned, it should be interesting to see how they progress over the years and how many other countries follow in their footsteps when they see that it is much more profitable and better to do business this way.