Thursday, May 1, 2008

The climate of online gambling

By Steve Briggs

The climate of online gambling seems to have settled down a little bit in comparison to recent times. New laws passed in the states making it illegal for banking facilities to knowingly allow a citizen to fund an online casino or gambling establishment of any kind (save the horse races and lotteries located in the states), had many online casinos in an uproar because they were faced with some very hard decisions.

Some online casinos made the decision to stay out of the U.S. market. Others chose to not recognize any law as making it illegal in the states to gamble online (specifically) and continue to accept players located in the states. And of course there are those online casinos that don't recognize another country's attempting to force their laws on a business that is located half way around the world.

While this may sound like chaos it has at least settled down to casinos in one of the above categories. Just a short time ago such mega-gambling entities such as Party Poker and its affiliated online casinos were making the adjustment to not allowing players from the states while curiously at the same time such places (*not necessarily Party Poker in this instance) were forwarding potential players to online gambling establishments that were accepting players from the states. It is unknown to this writer whether any monetary exchange for this forwarding ever happened but I would strongly guess yes as to that answer.

Online casinos seem to have settled a bit also in the banking area of their industry. During all the hectic times mentioned above there was also a change in banking facilities and the regions they chose to operate. This was a cause of great concern to many players which definitely hurt online gambling and remains a black eye to this day because one of the facilities, Neteller, froze accounts to those located in the states and effectively suffocated much of the confidence that had been gained by the online gambling world. New eWallets have since sprang up and taken the place of Neteller but only now are things seemingly settled enough to be able to declare a definitive banking facility can be counted on from month to month. To find the one most suited for your needs contact casino support and ask them for your best solution.

So now with much of that turmoil behind them, online casinos are proceeding ahead towards their chosen targeted markets but the fall-out still lingers in the way of hesitant players and those that have declared "never again". All players are not so quick to condemn however and with the UK opening its arms to online gambling, credibility has been reborn and with it the players will start to return and with them will come those new to online gambling and they will enjoy an environment much improved over the frontier days of the internet and online gambling.

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