Online Casino Industry Is Spreading Worldwide7 Dec 2006 Following the recent legislation of recent anti-online casino bill, also known as the Unlawful Internet Gambling Enforcement Act, many analysts and experts in the online gambling industry have questioned themselves if the industry will be able to survive this attack, specially in the US. At least for now, it seems that not only the online casino industry has survived, it even has become bigger. It may sound weird at first, but you can’t really argue with the numbers.Even in the summer season, which is traditionally better for land-based casinos, the online casino industry has been able to increase its revenues while comparing them to the same period last year. It may not be such a big surprise that the income from non-US players is the one that showed the biggest increase. One of the largest online casino sites has even reported a 20 percent growth in the number of non-US operations in the third quarter of 2006. Although some online casino companies have decided to shut down their US operations, most of them have also simultaneously began to offer their services in other parts of the globe. The online casino industry is in the middle of a globalization process, and early positive signs are already coming from new markets, such as Asia and South America. There are stil places waiting for the online casino revolution to arrive, and with a wise management and vision it is possible that in just a few years online gambling sites will truly become multinational. |