Gambling business is legalized in many states. Despite a large number of such countries (Russia is one of them), their policy is aimed mostly at making operating conditions for the gambling industry tighter.
On the other hand, the gambling industry not only brings a good income to business owners but also replenishes the public treasury.
In this article, you will find out in which countries casino is allowed. And here is the list of Top 6 countries to have a legitimate gambling business.
Las Vegas in America is the gambling capital of the world. A huge number of land-based gambling houses are located here, ensuring an atmosphere of excitement and thrill all year round. The city consists mainly of casinos, nightclubs and other establishments of a similar type. The basis of the Las Vegas economy is casino business.
For example, Stratosphere Casino is one of the most famous gambling establishments in the city. This is a casino hotel located on the Las Vegas Strip, with an area of 7 thousand square meters. Gambling for every taste is available here: roulette, slot machines, table games, etc. In addition, there are special rooms equipped for totalizers where you can bet on, for example, horse races, which take place throughout the country.
Gambling establishments in the United States bring large revenues to the state, so the local government aims to support the development of this industry.
Read more: 4 Las Vegas Casino Stories
Monaco is another country where the casino business is allowed. Gambling in this state is regulated by law and is one of the main sectors of its economy. Gambling establishments of the city-state are among the most prestigious in the world. For example, the building of the world-famous casino Monte Carlo is already 120 years old. This prestige is not primarily a consequence of the high-class service and a wide choice of entertainment events, but of a very upscale clientele. In order to visit a local casino, visitors must adhere to a strict dress code: a classic suit for men, evening dresses for women. In addition, it is necessary to bear in mind that the size of bets in these casinos is quite high – not every person can afford to visit such gambling establishments.
Maltese gambling business is booming. Today the country is in high demand among those who want to open their own casino. This is due to the continuous gambling regulation improvement and the desire of the local authorities to attract more investors to the gaming market. It is worth noting that Malta is the only country in the world, where all types of gambling (land-based and online casinos, bookmakers, totalizers, etc.) are allowed.
Gambling in the UK is very popular with locals. It was introduced there a few centuries ago. At that time bets on various sports and horse racing were especially popular. Today, the most famous casino in the country is Ritz, which is located in London at 150 Piccadilly, W1J 9BR. The main feature of the local gambling houses is the lack of credits – in the UK you can play only for cash.
Gibraltar attracts future casino owners with a low tax rate, which is only 1% of the total cash turnover of a gambling establishment, and this sum cannot exceed 425 thousand pounds per year. If 1% of the company's revenue is bigger than this amount, the Gibraltar government does not require any more payments.
India ranks ninth in the world in terms of revenues received from gambling establishments. Today, there are about 200 casinos operating in this country. Despite the fact that in India only horse racing betting and lotteries are officially allowed, here you can find all types of gambling.
The abovementioned countries, where casinos are allowed, are not the only ones in Europe. Gambling business is also legal in such European countries as Italy, France, Spain, Portugal, Georgia, Iceland, Sweden, Latvia, Estonia, Finland, Norway, Macedonia, Germany, Luxembourg, Belarus, Montenegro, and Poland. Some other states have been actively developing the regulation of gambling activities on their territory.