traditional gambling companies sat on the sidelines
as the Internet grew, and hesitated to take advantage
of the new technology for their businesses. It
wasn’t until 1996 that the first online
casino was opened. It was started by a company
called InterCasino. Once the first online gaming
site had opened, other companies started rushing
to join in on the action.
Online casino gaming sites continued to grow
at a tremendous rate until the October 2006.
At that time, a law was passed in the United
States that made it difficult for Americans
to access the money they had in the online gaming
accounts. This law caused many online casinos
to go out of business, and the gaming companies
affected by the law saw their shares drop drastically
in price. Most of the online gaming companies
affected by the new law were located in the
The October 2006 law was pushed through by
a congressman named Bob Goodlatte, who is from
Virginia. He claimed that online gambling would
corrupt young people in America. However, it
is now known that this man accepted $60,000
from the horse racing industry for his campaign.
The 2006 law was pushed through in order to
protect US-based gambling organizations, not
to protect young people from online gaming.
There are efforts being made to reverse this
law in 2008.
One of the reasons online casinos became so
popular is that players can play from anywhere.
There is no need to travel to a casino in order
to play casino games. The rising popularity
of poker also contributed to the popularity
of online gambling sites. Because it was so
easy for people to gamble at these online gambling
sites, they grew quickly. People love to gamble,
and these sites allowed them an easy way to
It is as futile for Congress to try to legislate
away gambling as it was to prohibit drinking.
Prohibition against drinking did not work, and
neither will the legislation against gambling.
If people want to gamble, they will find a way
to do it. If the government tries to prohibit
an activity that a lot of people enjoy, the
laws will eventually be overturned. Gamblers
will put pressure on their legislators to repeal
this unpopular law.
Online casinos are an extension of regular
casino gambling. As casino gambling grows in
popularity with people of all ages, it is likely
that online gambling will become more in demand
as well. This is especially true with the younger
age groups that are more likely to embrace the
new technology. The history of gambling shows
that many countries go through different stages
in deciding whether gambling should be legal
in that country. Although it is currently difficult
for US players to enjoy online gaming, laws
can and do change. Hopefully, it will not be
long before US players will again be able to
fully enjoy the online gambling experience.
Online gambling continues to evolve. There
are new games being unveiled all the time. This
helps to keep the public interested in playing
the games, because they are attracted by newer
and better games. Some sites have huge progressive
jackpots that offer players a good incentive
to keep playing at their site. Players are lured
by the possibility of winning a huge amount
of money by placing a small bet. Many sites
use banner ads announcing the most recent jackpot
prize to attract new customers.
The popularity of poker could be the determining
factor that makes it possible for US residents
to once again enjoy online casino gaming. Since
this is a skill-based game, it is usually not
considered to be in the same class as other
casino games and as a result its popularity
could impact the laws in the area of online
gambling. Many poker players enjoy gambling
at online sites as well.
Online gambling sites are beginning to recover
from the panic caused by the passing of the
2006 law, and their popularity is again increasing.
It is believed that the slowdown caused by this
law will be a temporary one.
The ability to gamble online from home computers
has made a permanent impact on the gambling
industry. Even though it is difficult for US
players to gamble online right now, it is not
likely that those who have used online gambling
sites will forget the experience any time soon.
They had something taken away from them that
they enjoyed, and they are not likely to let
that happen without a fight. Eventually, since
the US is a democratic country, the will of
the people will be reflected in the law.
Online casinos have taken a hit in 2010 due to
trouble with bank processing and a political
landscape on thin ice. If Barney Fran is ever able
to get his message through, online gambling could
be regulated and taxed sometime in 2011.