Check out Is Online Casino Gaming Endangered? at Bet at USA

Search:   Title   URL   Description   All
earch the Directory:    Search!
  Online Sports    Business    USA Racing    Online Casinos    USA Betting
Top > News > 2006 > October > 4 Oct 2006
 
Is Online Casino Gaming Endangered?
Next week the eGaming Review annual awards dinner will take place, as every year, at the Natural History Museum in London, UK. No less than 650 people related to the online casino industry are estimated to get together; however the general mood is expected to be anything but cheerful. And the reason for that cannot be any clearer – as the US Congress has approved the online casino gambling bill, which prohibits any kind of online gambling on the US territory.

This online casino ban will probably be the main issue discussed at the event. Online casino operators, payment processors and online casino software providers are all very troubled regarding the online casino industry future in America, which still remains uncertain, thought the bet is that it is going to be quite depressing. The major online casino companies are facing very unstable times ahead, especially those whose present has not been too bright as well.

There is not much of a choice for the online casino companies in finding new markets, as UK and Scandinavia, where the online casino gambling is legal, cannot support all those that would be probably banned in the US. The latest arrests in France, as well as other Europe problems, show that Europe cannot be relied on in this subject. Two major online casinos have announced that they would close their US business right after the legislation will be signed by the US president.