Tuesday, May 02, 2006

OnLine Gambling-Las Vegas is ready to deal

duh....of course everyone was waiting for this...if you can't beat them (with lobbyists), join them and then conquer them....Let's be real--every major US casino enterprise have invested plenty of money in R&D over the past few years, and each one is ready to launch their own branded online casino...but they've been standing pat...until now.....and their opportunity is immense--for every dollar wagered on line, there are 5-10x the amount of potential players, only being held back one big concern--the integrity of the website they are gambling on...when major brand operators enter the marketplace, dozens of smaller, off-shore companies will be hit with a tsunami..bet on it and bank on it


U.S. Casinos Relax Opposition
To Gambling Over the Internet

A WALL STREET JOURNAL ONLINE NEWS ROUNDUP
April 28, 2006 11:52 a.m.

The main trade group for U.S. casinos called for the creation of a Congressional commission to study whether the online-gambling industry should be regulated, in a move that appears to relax opposition to the practice.

The move by the American Gaming Association comes at a time when Congress is considering several bills that would explicitly ban Internet gambling. The group said that while it officially remains neutral about the pending legislation, it now "strongly supports" a one-year study that would evaluate whether legalizing and regulating the industry would be "a more viable option" than a ban.

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