The Changing Face of Gambling

Only a few years have passed since the gambling laws were relaxed to a degree in the United Kingdom and the result of this has become very apparent. The number of casinos has increased across most areas and initially, there was concern about people developing serious gambling addictions. Gambling in the UK already consisted of many forms including scratch cards, various lotteries and horse and dog racing. The major change was the arrival of Internet gambling and this has changed the face of British gambling forever.The emergence of online gambling sites has set a trend that is likely to increase year on year for the foreseeable future. You cannot escape from the advertising campaigns that these companies put out and you can guarantee that you will see several advertisements on TV before your evenings relaxation is over. There are three main gambling websites that seem to be filling our TV screens which are bingo, casinos and poker related sites, and these sites often offer a welcome incentive to get you interested.Many people have voiced concerns regarding online gambling in particular, as it is been seen as an easier way to potentially develop a gambling addiction, as you just put your credit card details in and away you go. The player never sees the money he or she is playing with and things could possibly get out of hand over a relatively short period of time. There have been several studies into gambling within the UK and the findings suggest that the impact has not been as severe as initially thought. Over 30 million of UK adults have gambled in one form or other over the last year and just over five percent of these gambled online. The suggested number of gamblers with a serious problem is put at less than 300,000 which shows that the majority of players are just having a bit of fun and are tending to gamble more responsibly.

Game Over for Online Gambling?

With the recent changes in US laws, it’s getting harder for gamers and gamblers to find where to bet their money online. The ban on financial transactions between US financial organizations and casinos limits US players online.But, does that stop casino online and gambling? No, not at all! Not in the US, not anywhere in the world. Online gaming and betting are still at its all time high with or without the ban. There is no law banning online casinos. And although US players are not allowed to bet online, casinos online do not stop players from playing. The decision is still upon the player’s discretion.People bet on games for cash on online casinos for many reasons. They love the thrill, the shrill, and they love the seduction of amassing money. However, the recent ban narrowed down the choices where a player can gamble, thus creating a demand. And any smart businessman knows that this is the perfect time to strike -when the demand is high and the supply is low. One must strike while the iron is hot.The demand is there, but the supply is scare. And that makes now the right time to open an online casino. You can take advantage of this opportunity to provide service to US gamers on one hand and make money on the other. The online casino is a very promising industry and when properly handled would be a great source of income.Given that the initial payout is quite a big sum, the return of investment is nothing less than exceptional. And the mere fact that web-based casino only take minutes to set up, you can immediately start your business for return of investment.A chain of online casinos is also a perfect option for this industry. You do not just cater to one Internet casino but dozens, even hundreds of smaller Internet casinos to create one mega gambling block! Running your own casino online would be an easy business to maintain with the right software and proper marketing technique.So, open your own chain of online casinos and let the games begin. Contact any software companies and find out more about their services and support. The Internet is full to bursting with information about casino software. With today’s trend, it would be an easy and fun search!Start earning right away! Contact and find information from software companies that will help and assist you in building your casino empire online.

Lifeline Of The US Online Gambling Law

In 1996 we saw an explosion of online casinos that swept through the whole world. The United States saw a huge increase in both online casinos and players. This huge increase of online players worried the land-based casino owners and they lobbied to have it stopped or at least slowed down. They knew if this pace continued they would see more of a decrease in profits. So they lobbied Congress hard and in 2006 the US passed the Unlawful Internet Gambling Enforcement Act (or UIGEA).The UIGEA act prohibited all the banks and payment processors from processing any kind of transactions related to online gambling. This created a problem for players in loading and withdrawing money from their online accounts. While the companies continued to operate they had to use payment processors that could circumvent such restrictions. Despite all these laws related to online gambling, some online casinos continued to accept players from the US.On the other hand, many of the bigger online brands left the US market, the choices for players became extremely limited. Many said it was very hard to find a good online casino. A lot of reviews sites started to pop up that directed players to the sites they so desperately looked for. Some of these sites were better than others, but they served the need that was created. Shortly after the market had started to stabilize and players were playing online again Black Friday hit the online gaming world.Many casinos had found a way around the deposit and withdrawal problems and the online gambling world was growing once again. Many started to feel invincible to this new law. The government was not really enforcing it and it seemed like they had no intentions of doing so. This was certainly a false sense of security for both the players and online casinos. April 15, 2011, will go down in history as the day the online gambling industry was punished and punished hard. It was the start of a new era. The US Department of Justice charged the principals of the three largest poker sites Poker Stars, Full Tilt Poker and Absolute Poker with bank fraud, illegal gambling offenses, and laundering billions of dollars in illegal gambling proceeds. The DOJ seized their domain names and their funds. Suddenly many US players were not just left with nowhere to play, but no way to recover their funds.Black Friday forced many more gambling brands to leave the US. Everyone was once again scrambling to find new places to play, worried if they would ever get their money back, and wondering if anybody was going to stay in the US market. A major blow was struck to online gambling and many wondered if it would survive. Again the review sites played a major role in finding places for players to play. Now the market was very limited and it was a struggle to find online sites. Once again the market slowly started to stabilize and things settled down a bit. The market was damaged but survived.The next major event was Gray Monday. Gray Monday saw more domain names and gambling operations seized. There were two main differences with these seizures. This time both big and small sites were seized. Many different sectors in the industry were seized including online poker, casinos, sports books and even bingo. Basically no one was safe now. Now the size of the company did not matter anymore. Nor did the industry you were in. This round of seizures was felt by everyone throughout the gambling industry. The full effects of this seizure have not been felt yet but there is now even less online US casinos available. Will the industry survive? It remains to be seen but it’s been hit hard.