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February 4, 2009 Online Casino News:
Online Casino Industry
Thriving
When the Unlawful Internet Gambling
Enforcement Act or UIGEA, was passed
many in government breathed a sigh of
relief. They thought that by making
online casino gambling illegal that they
had just saved themselves a lot of
hassle for people would comply and they
would be done with it. They thought that
they had pulled a fast one on the online
casino gambling industry, and they sat
back proud of themselves for their
cunning.
However, that is not exactly what
happened, and according to several
reports, online casino gambling is
actually thriving – more so than it was
when the UIGEA was passed. Not only did
it not end online casino gambling, it
seems to have kick started it. Experts
say that there were many who didn’t
really think about online casino
gambling so they did not participate in
it all that much. However, with the
passage of the UIGEA they felt that
their rights were being taken away and
embraced it instead.
Not only that, but many within the
online casino gambling community were
quick to point out that it was not
illegal to play at the online casinos –
that the Act did not make online
gambling illegal. Instead, it made the
processing of payments to and from
online casinos illegal, which some may
say is the same thing, but it isn’t.
Those who visited the online casinos
simply found financial institutions
offshore that were willing to process
their transactions instead. They found
ways around the banking laws, and
started visiting their online casinos
with much more regularity than before.
This was the very thing that government
officials did not count on – that people
would do it anyway. |
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