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Online Casino Arrogance and the World

The world we live in is a world largely enamored of gambling, both offline and online. But mostly offline. Even so, online casino sites make up a significant portion of the world’s non-land based casino gambling revenues, and for those who are unable or unwilling to trek to a real live casino, online casino companies provide a welcome service for the lazy or out-of-touch gambler who wants to try their luck at slots, poker, craps, blackjack or roulette. Online casino companies are at the top of their game for the most part, but a lot needs to change if they are to win the trust not only of more people, but more governments.

Online casino companies sometimes act very arrogant towards world governments that collect the taxes of people who bet online, acting as if they have the final say in the machinations of world relationships, and not the people in the governments themselves. They – the online casino companies – act as if their success in getting legalized is an inevitability, not an eventuality. What’s more, they flout the laws of countries they operate in that take a dim view of online gambling, further eroding any sentiments of trust they may have gained before doing so.

Online casino companies would be wise to show respect to the governments of the countries they seek legalization and legitimacy in. The publics of such countries might support online casino gambling in principle, but an online casino company that disrespects their government risks engendering the distrust of the people who voted the government into office. After all, governments are made up of people, and people don’t often like to be insulted or see those whom they like insulted. Online casino companies are just plain dumb if they assume that the public will always be behind them. An online casino untrustworthy to a government may very well prove untrustworthy to a people.

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.