
Online Gaming Revolution
Many are amazed
at how fast the online gaming companies have grown. Years ago if you
wanted to gamble, you really had to book a flight or drive to Las
Vegas or Atlantic City. Then if you lived near an Indian Reservation,
you could go there and gamble. And of course there was always the
lottery, but if you want to pull the handle on a slot machine, your
options were very limited. Much of that has changed however with the
advent of online slot machines, and online computer gambling.
You can now play
whenever and wherever you so please. Kids are asleep, play some slot
machines on line. Waiting for your ride to work, play some slot
machines on line. There is no limit to when you can play, and the
companies know that. It has been estimated that somewhere around $651
million was spent on gambling each year online in 1998. Now it is
estimated at somewhere closer to $20.8 billion in 2005. You can play
many of the major slot machines, as well as poker – which has also
grown over the years.
Online betting
is actually illegal for Americans, but it is still a booming business.
In 2003 the
US
was responsible for 60% of all online betting. It is illegal to gamble
on line if it is illegal where you are, and it is also illegal to use
credit cards or electronic checks to pay those bills. The WTO recently
sued the US for their laws regarding cross border gambling saying that
it was a “violation of free trade standards” and won.
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machine, slot machine, slot machine
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