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Online Casino Firms Take Matters into Their Own Hands

If things continue to drift the way they are now, the United States federal government won’t need any laws to ban online casino sites. Due to growing legal pressure on the online gambling industry, several companies are starting to withdraw their businesses from the American market. It’s becoming increasingly difficult to conduct business with elements from outside of the gambling community, as they regard online casino business as one without a clear future.

Many online casino fans fear that legal action will be taken against the online casino operators and that it will cause the disappearance of online gambling as they know it. Reality shows that there’s no need for actual anti online casino legislation, and that the online casino industry is changing itself by choice. The American online casino market is a multi billion rolling industry, and if the online casino operators take their business elsewhere – they will take millions of dollars with them.

People who are dealing with online casino legislation should ask themselves which option is better. Continue to fight against these industry giants and by that forcing them to take their multi-million business away from the American economy, or harness the economic potential of these online casino giants with agreed-upon regulation? Leaving the fate of the online casino community in the hands of the online gambling operators is not wise, and we might wake up in the near future to realize our online casino sites are no longer working in the United States.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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