Gambling black market is booming in Europe
In Europe, each country sets its own rules for gambling, leading to a mix of regulations across the continent. Some nations have strict laws, while others are more relaxed, reflecting their unique cultures and government priorities.Most European countries manage gambling through a licensing system, where operators must get official approval and pay a fee to run their services legally. However, some countries, like Norway and Finland, have a state monopoly, meaning the government controls all gambling activities. Unfortunately, in both countries, the monopoly has led to a significant black market, with unauthorized online gambling making up more than half of the country’s online gambling revenue.Regardless of the type of regulation in place and despite the efforts to block illegal betting s...
