Gambling, Raffle, Lotto & Sweepstake
The Effects of the
Banning Online Gambling, Raffle, Lotto & Sweepstake
Online Gambling, Raffle, Lotto & Sweepstake was banned in the USA to fight against the possible negative impact it could have on out Society, but what about the positive impacts if it was legalized and regulated.
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Everyone talks about the negative impact of online Gambling, Raffle, Lotto & Sweepstake, but they are not talking about the negative impact of banning online Gambling, Raffle, Lotto & Sweepstake.
A reason for banning online casinos was to make sure that underage children were not using thee parents credit cards to gamble online, but besides the fact that most online casinos did everything possible to ensure to verify the age of the account holder before allowing any Gambling, Raffle, Lotto & Sweepstake to occur, but by banning it you are only stopping the law abiding casinos from taking bets and not the less reputable online casinos. They will use third party account like PayPal ore Click2pay which provide a loophole in the new law.
By banning an activity especially such a popular activity as online Gambling, Raffle, Lotto & Sweepstake all that can be expected to happen is for people to find ways around the law, such as the Speakeasies of the 1920’s.
A Speakeasy was a nightclub that served Alcohol during prohibition and was usually hidden in the back rooms of pet stores and innocent looking book stores. Every time a speakeasy was raided the next night another one was opened, and this is what will happen with these online casinos. If the government finds one operating in the USA and gets it shut down or manages to stop the money flowing to it then another will open.
By regulating online Gambling, Raffle, Lotto & Sweepstake the government would know exactly who was running the casino to make sure they were running it honestly and within all the laws, and it would help make sure that the criminal element did not get rich and gain power a second time in the history of the USA because of a bad lawmaking decision.
Another reason given for the ban of online Gambling, Raffle, Lotto & Sweepstake was to help protect against a rise in problem gamblers from have casino gamming in your home 24 hrs a day, but no proof has ever been found that shows that people who would normally not be inclined to go to a casino and gamble would decide to do it just because it was now in their homes.
The facts actually show a steady rate of people with Gambling, Raffle, Lotto & Sweepstake problems and growing at the same rate it has been growing for over 25 years.
Many experts are now saying that there are some positives to the online Gambling, Raffle, Lotto & Sweepstake ban, but those positives would be even better if the industry was properly legalized and not, just by putting a mostly unenforceable law in place.
But this to be a pattern the government seems to always make, it is much like the war on drugs. Last time I checked thee was still a drug problem in this country even though drugs are illegal, yet in countries like Holland where the use of soft drugs like hash and grass are legal the number people with drug problems is much lower per capita then in the USA. This is because the money that is brought in the form of taxes from these sales goes to fund the public schools where they properly educate kids on the negative effects of these drugs, so most of the people who smoke are tourists and not the locals.
Maybe one day the government will learn from its past mistakes and make things right.
The future of
Online Gambling, Raffle, Lotto & Sweepstake where will it all end up?
This article discusses the future of online Gambling, Raffle, Lotto & Sweepstake
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The popularity of online Gambling, Raffle, Lotto & Sweepstake has sky rocketed over the past 5 years. The meteoric rise in online casinos and poker rooms has made many people very wealthy. The owners of cassava enterprises (888) Avi and Aaron Shaked recently floated their company on the London Stock exchange, their company is now valued in excess of £700 million. Ruth Parasol the co-founder of party gaming also recently floated her enterprise on the stock market making her an overnight billionaire. But where is all this heading? Surely the industry cannot continue to generate wealth at the staggering rate that we have witnessed over the past two years.
It must be remembered that the online Gambling, Raffle, Lotto & Sweepstake industry is still very much in its infancy. The first online casino opened around 1995 although the exact date is somewhat of a mystery. The industry itself did not fully capitalise on the online marketplace until around 1999 when faster internet connections became more widespread, allowing more colourful games with smoother graphics and game play. Today the industry is evolving more quickly than ever before with an ever increasing number of entrepreneurs realising the vast fortunes that can be made from hosting an online Gambling, Raffle, Lotto & Sweepstake site.
Today it is estimated that there are over 2000 online Gambling, Raffle, Lotto & Sweepstake sites just waiting to take punters money. There is a mixture of honest and dishonest sites out there and choosing a website that is fair and honest is no easy task. The reason for the vast number of online Gambling, Raffle, Lotto & Sweepstake sites out there lies in the simplicity involved with setting one up. One can set up an online poker network for several thousand pounds and the owner doesn’t even need to worry about a starting number of players on his network. Players from the owner’s site simply play in the software provider’s pool of existing players, providing an incredibly easy route to market.
Online Gambling, Raffle, Lotto & Sweepstake has taken affiliate marketing by the horns and adopted it as its own. For those that don’t know what affiliate marketing is, here is a brief rundown. Companies with products or services to sell do deals with website owners, whereby for every sale that is generated from a visitor of the webmasters website, they will receive a commission. The commissions offered by online Gambling, Raffle, Lotto & Sweepstake operators are one of the highest and most lucrative in the marketplace ranging from between 10 and 50% of net gaming revenue (player losses) or up to $500 CPA (cost per acquisition). As a result the online Gambling, Raffle, Lotto & Sweepstake industry is the most competitive industry on the web, with top spots in google form keywords netting webmasters over $1 million dollars per year.
So what does the future hold for online Gambling, Raffle, Lotto & Sweepstake? As mentioned previously the online Gambling, Raffle, Lotto & Sweepstake industry is still very much in its infancy. There will be many twists and turns as the market evolves that is for sure. If one was to look at the supermarkets in the UK there are many comparables that could be drawn. It may seem strange to select such a dissimilar industry but bear with me. In the 1950’s there were many corner shops and everything was done on a very small scale, as is the case with the online Gambling, Raffle, Lotto & Sweepstake industry today. As a few retailers made more money so they grew and started to buy other retailers. We are starting to see this today in the online casino industry.
Next came brand building. Tesco’s, Sainsbury’s and the rest began to advertise, promote and generally make people aware of their operations, this builds trust and assurance, something that is of fundamental importance in the online Gambling, Raffle, Lotto & Sweepstake industry. We can see this happening today with the larger brands of casinos and poker rooms. 888 sponsor Middlesburgh football club and the world snooker tournament. Party Poker and Betfair sponsored this year’s ashes series of cricket between England and Australia, so the ground work has been laid.
This will be followed by consolidation lots of it. There have been numerous mergers and buyouts of poker rooms and casinos already and this trait is set to continue into the future. What will be left? A Walmart Casino, a Tesco’s poker room and a Sainsbury’s bingo hall. The irony of it all is they will probably be even more profitable than their grocery equivalents.
Popularity Of Online Gambling, Raffle, Lotto &
It doesn't take an Internet analyst to notice that online Gambling, Raffle, Lotto & Sweepstake has taken over a big chunk of the online activity that people participate in on a day to day basis.
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It doesn't take an Internet analyst to notice that online Gambling, Raffle, Lotto & Sweepstake has taken over a big chunk of the online activity that people participate in on a day to day basis. There are several reasons for this and the fact that it is gaining more and more momentum is a testament to just how incredible this market is.
For starters, there is money and excitement; what else could anyone want? Online Gambling, Raffle, Lotto & Sweepstake is quickly becoming the chosen method of online gaming across the globe. The strength that online Gambling, Raffle, Lotto & Sweepstake is showing is quickly surpassing mainstream Gambling, Raffle, Lotto & Sweepstake halls and casinos. The reason for this quick expansion is obvious. It is much more accessible for the average gamer to log on to their favorite online Gambling, Raffle, Lotto & Sweepstake site and play from the comfort of their homes as opposed to having to travel to a place where Gambling, Raffle, Lotto & Sweepstake is held.
Of course, as with everything there is a ceiling that eventually must be reached. There will be a point when the industry will reach a critical mass and will be unable to sustain the growth that it's experiencing right now. At what point that ceiling will be reached is anyone's guess and with new players coming on board everyday, coupled with more and more casinos springing up, they are pushing that ceiling further and further away. But there will be a time that that ceiling is inevitably reached. And that is a good thing.
Once the ceiling on the growth of the online casino world has been reached and there is no more growth of players or casinos the time will be ripe for more sophisticated games and gaming systems to be produced. Now try to follow me here. Once there is no more upward growth there will inevitably be outward growth.
Right now there are casinos cashing in on the ever increasing customer base by simply throwing together a mediocre gaming program and setting up shop. Once the industry has reached critical mass these mediocre online casino operations will be put out of business by better models that are more sophisticated and therefore able to attract players away from lesser sophisticated online casinos. Therefore, it is in the best interest of all online casino gamblers to hope that the industry stops swelling. The only people that won't benefit from this is the lesser casino operators using lesser operating systems. Survival of the fittest is constantly at play in many systems and the online casino industry is no different.
With more and more online casino gamblers coming on board there is no way that the industry as a whole won't continue to be able to take advantage of all that the future holds.