Online Gambling... For A Living
from the why-not? dept
While the US continues to ban online gambling (and look for ways to stop anyone who dares to find non-US-based sites to keep on gambling), the UK has decided it's better to just regulate online gambline -- especially as some players seem to be making something of a career out of it. Of course, the online poker player they talk to seems to have made a career out of beating Americans who shouldn't be gambling online anyway: "The best time to play is between 4am and 7am," she explains, "because the Americans are playing - and they're drunk."
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Internet Gambling
What is even more interesting is the gambling bill now being reviewed by Parliment.
One of its provisions would make for a tax-free enviornment for internet gambling firms in the UK. The idea is that its better to create jobs and keep the internet gambling companies in the UK than lose them to offshore Islands (such as Canary). Add this to a regulatory function, and the UK will not only legitimize internet gambling, but also catalyze its rapid growth.
Curently, the internet gambling market is ~ $7.5 billion; by the end of next year, it will be $15 billion; The internet gambling market will be a $200 billion market by 2015.
The US will miss out on a huge economic opportunity essentially because the States see internet gambling as a threat to their lottery revenues.
Michael Clouser
Ph.D. Candidate - Entrepreneurship
University of Edinburgh
Edinburgh, Scotland, UK
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He's only half right
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Pai Gow
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Re: Pai Gow
dorpus,
Every time I read one of your posts it's the equivalent of taking too many drugs and being gang-raped & eventually not knowing where I am the next day ...
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ya right...
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Taxman
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gambling poker
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Casino High Payout
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