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In March 2011, the UK online gambling industry employed 6,077 full-time employees. A number that has declined since 2008 where 8,918 full-time employees were in employment within the industry. Also, there were 291 remote gambling activity licences held by 225 operators at this date. Three of the sectors within online gambling are betting, bingo and casino which between them turned over £13,456.07 million between April 2010 and March 2011. During this time period, betting turned over a substantial proportion of this amount, turning over £13,081.44 million, with bingo and casino turning over £26.75 million and £347.87 million respectively.
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For many years it was believed that the Wire Act of 1961 would make online poker and casino games illegal, however, in 2011 the Department of Justice clarified that it only applies to sports betting. (The 5th US Circuit Court of Appeals had already ruled this way in 2001 but the DOJ maintained its stance until 2011.)
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Elsewhere in this issue, Daniel Stranius and Sami Töyräs of Dottir Attorneys consider the introduction of fixed annual loss limits as well as further initiatives from the legislator to address illegal and problem gambling in Finland, as well as the regulatory framework and recent developments in Finland with regard to online gambling.
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