Online Casino Industry Receives Wide Support
9 Nov 2006
Analysts and experts all over the world continue to criticize to recent anti-online casino legislation. According to some, the law reminds them of the 1920 alcohol prohibition, including the chances of succeeding in the long term. Most of the experts agree that a stronger online casino regulation could have been a better choice that the proposed prohibition. The critics also highlighted the fact that state lotteries and horse racings were exempt from the bill, which makes us wonder what are the real motives.Joseph Kelly, a law professor specialising in gambling at Buffalo State College in New York said doesn't really understand the new legislation: "In 5 years from now that online casino industry will be worth more than 24 billion dollars, you can't just abolish it. Besides, it would be stupid to ban it only in one country. We need a stronger international regulation". Naturally, people inside the online gambling world are joining the critics as well: "If the Congress really wanted to protect the people, a prohibition is the worst option. The only thing they'll achieve is creating more underground online casino sites, instead of trying to profit from the possible taxes" said recently Michael Bolcerek, president of the Poker Players' Alliance.
The online casino industry even received some unexpected moral support. Even the American Gaming Association, which represents the traditional land-based casinos in Las Vegas and Atlantic City, thinks the new bill is a "bad idea". Although nothing of this promises a brigher future for the online casino industry, the extra help can't really hurt.
