Are Lawmakers Hurting Online Casinos By Adding Gambling Options?
Poker Cards Over the past couple of years, the online gambling industry, which is comprised largely of online poker and online casino sites, has been concerned about how the rules of the Unlawful Internet Gambling Enforcement Act would affect business. It turns out that lawmakers may be hurting the online gaming industry more by legalizing additional casino options.
In the past, the only thing that has hindered a billion dollar online gambling industry in the US has been the perception that the government sees online gambling as illegal. Those worries grew even larger when the government created the UIGEA back in 2006. At the time, online gaming sites did not know exactly how the new law would affect business.
Fast forward to 2010, and there is a new concern for online casinos, and it comes in the form of land-based casino gambling. Many states around the US are expanding their gambling options, and for every casino that is built, more customers are stolen from online casinos.
"Let's face it, there are pros and cons to both land based and online casino gambling," said Gaming Analyst Noah Black. "But for people who are looking for a night out and social interaction, they will always turn to land-based casinos. There is no doubt that the breakdown of gambling prohibition across the US will have a significant impact on Internet gambling."
A case in point is the state of Pennsylvania. Up until this summer, Pennsylvania residents have had no local options to enjoy games such as blackjack, craps, and roulette. Lawmakers changed that, however, earlier this year when they legalized table games at state casinos. Now, gamblers in Pennsylvania no longer have to go online to enjoy their favorite games.
Some advantages do still exist for the online casinos. Gamblers have their families and jobs to worry about, so they do not always have the time to go to a land-based casino. The Internet provides a convenient way for them to enjoy some gambling entertainment without having to ever leave the house.
Online gambling is in the midst of its biggest boom ever in the US, and lawmakers have tried their best to stop the growth. Indirectly, many legislators on the state level may have helped the cause by turning to expanded casino gambling during the recession. The addition of casinos around the US may have accomplished something that the UIGEA never could, tearing Americans away from their computers and online gambling sites.
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