To Play Or Not To Play? That Is The Question!

Festival Online Casino

“When you force legitimate businesses to the sidelines, it opens the world to people who operate in gray or black areas.” That is what Tony Cabot, a market analyst said to the Las Vegas Review – Journal. It has begun an open media discussion, whether to ban online gaming or not? However, many savvy gaming connoisseurs claim that rather than outright banning online gaming functions, what we need are some regulations. It can be best shown on example of prohibition in U.S. in the 30’s… The more illegal alcohol was the bigger was its underground market and people like Al Capone, were very “successful” because of strict rules of law.
Nowadays, these restrictions has left the gaming industry on a “put on hold” mode and it really shows green light to underground international businesses simply to pursue their operations. Another expert Michael Tew from Bear Stearns Co. Inc. who works as a market analyst, said that the U.S. Justice Department does not chase after unlawful gaming sites operated by foreign residents, but does indict citizens for running Internet gaming sites. To add more The U.S. House of Representatives approved an Internet Gambling Enforcement Act , that bars one from utilizing credit cards and other online methods of payment for gaming purposes. The problem is that no one from the Senate is willing to see the bill in practice. Alan Feldman, a representative from MGM Mirage believes that the suspension by Congress may in fact benefit the industry. He said, “It gives (MGM Mirage) a chance to show regulators that we have developed a system … by which government can become comfortable with legalized and regulated Internet gambling.” Right now my reader, we have to consider the fact that among the around 1,800 e-gaming sites globally operating, 75% of them function under nominal government supervision. So, who is Dr Jekyll and who Mr. Hyde? The same person? Maybe, what we need now is a special come back of “crime heroes” like Capone or others? Maybe they already are, but we do not know it yet?