Land based gambling operators are beginning to show an interest in the online casino technology. It is very hard not to. Online casino technology is booming and cannot be ignored. Many land based gambling groups are showing interest in gaining access to the online casino gambling audience, although they are stating that they aren't losing customers to offshore companies. They see online casino technology gamblers as potential land based gamblers, and they are very interested in finding ways to attract the online casino gambler out of his/her home to the land based casinos.
The online casino technology industry has shown worldwide revenue of $12 billion last year, and it is expected to reach $24 billion by 2010. It is therefore not surprising that the land based operators are interested in online casino business. The number of American players at online casino sites has doubled since 2005, and many new players are registering at online technology gambling sites every day.
It is absolutely ridiculous that all the money invested by American players at online casino technology sites goes to offshore countries, but as for now online casino gambling is illegal thanks to an outdated federal law from 1961. The law forbids interstate telephone betting in the U.S. and it reflects on the Internet as well. The land based gambling community has started to pressure politicians with regards to changing the law concerning online casino gambling, and hopefully they will have some influence. |
