The Emergence of Online Social Gambling

The distinction between casino gambling and social gambling is clear in land based casinos. Casino gambling can be defined as a commercial enterprise which takes place at casinos, clubs or other designated places, where the casino owners earns money through a house edge or rake and where the players participation is largely allowed. Social gambling on the other hand is a gambling which takes at private places, such as homes, between friends and family.

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After the wide spread of internet in recent years, every conceivable activity in our real world had been replicated in the cyber world. Online gambling has been taking place since 1995. These days, almost all of the reputed online casinos are governed by same degree of licensing and regulation as the land casinos. Social networking has had an enormous growth online over the past few years and gaming has become an important activity at social networking sites. However, due to legal restrictions, these sites sell virtual money that allow players to gamble online on games like poker.