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Online Casino Firms Expands Around the World

Since October, when Congress approved the anti online casino bill, The Unlawful Internet Gambling Enforcement Act, the online casino industry is constantly changing. Operators are exploring new options and everyone is looking for alternative ways to generate profit in a world where anti online gambling legislation is reality in the States. The U.S. market has the largest audience of online players, and gambling firms must deal with the new situation where their main revenue channel is now mostly unavailable. The first choice for many online casino groups was the obvious one – expanding into foreign markets all over the world.

A new historic landmark was crossed recently when one of the most popular sportsbook operators licensed an Argentinean gambling permit and will start offering online gambling for the South American market soon enough. The site is one of the largest providers of online casino sports betting and the new deal means plenty for the online casino world. South America has a huge potential of becoming the ‘next big thing’ in online casino gambling, and there are millions of prospective players just waiting for the opportunity to play online. The sportsbook operator plans to launch four different sites and cater for all gambling lovers out there. With online sports playing, casino games and much more, Argentina is headed for one great online experience.

The new online casino sites will be available in Spanish, and are targeted at the South American audience as a whole. Although the main focus will be on Argentina and its online casino loving citizens, the gambling group hopes that this will serve as a gate to the South American online casino market. The industry is going places, and there is real change in the air. The world of online gambling is restructuring and reinventing itself before our eyes, and this tendency to expand will continue as time passes. Surely, other online gambling firms will want a take in the South American market, and we will see more brands take their business south.

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.