Ever since we were born, our parents taught us many exciting games to entertain us. Toys, hide and seek, cards, monopoly, are all widespread sources of entertainment everywhere in the world. In the 21st century, many people are spending a lot of time on their phones playing online games – which is perfectly fine when you are on the bus waiting for the time to pass.
It’s always fascinating when our parents and grandparents tell us about their childhood adventures and the types of games they played back in the day. Now, as grownups, many of us play games involving a prize. Starting from bingo, the lottery, game shows like who wants to be a millionaire, and even gambling, are all multimillion-dollar industries that always catch our attention. Yes, today’s topic is gambling and more about the history and rules of casinos.
A brief history of gambling
Gambling has existed since the dawn of time. Many artifacts give us information about the history of humanity. People played games of chance in China many centuries ago, and various drawings on walls and tiles are witnessing that. The oldest dice ever has been found beneath some ruins in Egypt as well. Betting on animal fights was a popular sport among Greeks, and there are drawings on pottery objects demonstrating the century-old activities.
Around 200 BC, the governor of a province in China came up with a clever way to profit from gambling establishments. There was a game involving pigeons, and the governor used the profit he received for the greater good of the people by investing in the infrastructure and fund different works. Click here https://worldfinancialreview.com/short-history-of-casinos/ if you want to find out more.
A fun fact that you’ve probably never heard about is that some of the highest-ranked universities in the world, like Harvard and Yale, were funded by these very same games of chance, and this tradition has continued to this very day.
We are all familiar with card games today, and even though it hasn’t been proven, according to some legends, it is believed that they appeared somewhere in China during the 9th century. They don’t resemble much the cards we play today, and people used to draw human forms. Eventually, the deck was established with 52 cards, and many games started to appear.
Throughout the past centuries, gambling has evolved in our society by becoming organized and regulated. Gambling establishments or better known as casinos first appeared in Italy during the 17th century. By the 19th century, casinos started to spread all around Europe. French people were the ones who passed down games like Roulette and Vingt-et-un to the Americans. Boats on the Mississippi River soon became popular gambling places where many wealthy people indulged in playing these addictive games.
Gambling licenses in Sweden
There was a breakthrough for the gambling community in Sweden back in 2019. The parliament in Sweden voted, and the Swedish Gambling Act came into force. The aim of the new act was the regulation of the gambling industry and the protection of gamblers. Three sectors have been created, the first one is focused on online gaming, the second one for public purposes, and the third one generally concerned the state of Sweden itself.
The gambling establishments can apply for six types of gambling licenses; these licenses are mainly about online betting and gambling, land-based commercial games, games on ships, games for the state, and games for public purposes. After an application, a granted license can last up to 5 years, and the license can cover different types of games that are granted and established by the Swedish gaming authority. Click here for more information.
Before 2019, the state monopoly was in charge of the casinos in Sweden and online gambling, and only casinos that were owned by the state were able to operate legally. But, there was a way around for the Swedes. Foreign sites for online gambling still accept people from Sweden to participate in gambling activities.
Before the act came into action, many online casinos from Sweden had gaming licenses in other foreign states. This was a loophole for the state itself, which was mainly why the government introduced the new act for the Swedish gaming license. It is crucial to emphasize that it’s not illegal to play or participate in gambling in establishments that don’t have a license.
Some benefits of playing in casinos without a license
Even though casinos with or without gaming licenses in Sweden operate more or less in the same way, except for the similarities, there are some differences. Increases bonuses, no requirements for Bank ID, no game breaks, and tax-free profits are some of the benefits of casinos without a license. If you want to find out more about Casino Orbit, you can do some more research.
The most asked question is whether players should pay tax in a casino without a Swedish license. The tax depends on the casino that you are playing at. If you want to get around the taxes, you can always choose to play in other foreign casinos that have a license and are registered in the European Economic Area (EEA). Some of them can be casinos registered in Britain or Malta. We can establish that if the casino doesn’t have a Swedish license, you can always opt for the ones that have European gambling licenses.
The biggest disadvantage of unlicensed casinos is that you don’t have the same protection when it comes to licensed ones. Also, you can’t play with your Bank ID; instead, you have to create an account using your e-mail address. This means that you need to provide the online gambling entity with copies of your bank data and statements to withdraw your profits.
When it comes to payment methods, the good thing is that many ways can be used to get your profits when we talk about unlicensed online casinos, among which the most popular ways are PayPal, Trustly, Bitcoin, Skrill, and Paysafecard.