Illegal Online Gambling Community Feels Heavy Hand of Authorities
It is well-known that online gambling is illegal and yet, many who participate claim that the laws are vague and therefore non-existent. Well, they were not enforced much until just recently, now those so-called non-existent laws, rules and regulations are being enforced as some 28,000 online gamblers had their online gambling bank accounts seized, and it’s not as if any of them really believed that this was going to be allowed forever. Now many are saying that they didn’t know, although, that’s going to be a hard one for the courts to swallow.
Some $34 Million Dollars were seized on this first go around with accounts in SF, LA, and Arizona being culled. Gambling is a huge business and online gambling is a huge business. Some claim that it is the casinos that want to stop the online gambling competition to their fixed locations, yet at the same time want to get permission to set up Internet sites themselves, which may someday be allowed. There have been attempts in Congress to push through such legislation, but it hasn’t happened yet.
Those who have these bank accounts are able to เว็บสล็อต cash out and have a check sent to them when they do, unfortunately, those who went through the Allied Systems Incorporated in Arizona will find their checks are no good, if they have not yet cashed them, as the bank’s accounts were seized. It really was only a matter of time before something like this happened, as the writing had been on the walls for a couple of years now. But all that fun and thinking that no one would get caught all came to an end now. Please consider all this.
The war between online gambling and the US gaming industry is getting heavy, as the government is intervening now. Why? Simple, many states receive a lot of revenue from the gaming industry. States like Nevada, Alabama and New Jersey and without this tax revenue they will have severe budget issues.
You might recall that the New Jersey Governor used threatened to close the NJ Atlantic Casinos if they state legislature did not come up with a budget. How much do states rely on this money? Well in NJ it is nearly 2 million dollars a day in tax revenue. See the point.
The Gambling Online sites are having a war with the Gambling Establishment in the US; Such as in Las Vegas, Tunica, Atlantic City, Gulf Coast. They have fought against the CT, CA, OK, IA and other Indian Casinos and lost in political and legal battles. China is now putting in Billion Dollar Casinos and the Asian Las Vegas crowd is dwindling too.
There is a war right now due to lobbyists and political interests against online casinos; a 250 Billion Dollar industry and it will grow. Offshore money flows, legalities and business interests are involved BIG TIME. Why is this even an issue from a regulatory standpoint? Well a couple of reasons.
I know everyone has probably seen a real casino in real life or on TV, but the fact is that many people have never experienced an online casino – despite seeing ads for them posted all over the internet – for themselves. In this short article I’m going to go over the differences between a real-world and online casino for those uninitiated of you out there.
Firstly, you’re obviously staring at a screen in your home instead of actually being there, with all the games being a visual representation of what you’d likely see were you standing in a real casino. Some even have mock lobbies where you navigate around the site to the various ‘rooms’ of the online casino in order to play different games.
All the games are moderated by a computer program instead of a croupier or dealer in a real world casino. A lot of people have doubts about the fairness of online casinos due to the fact that the casino could create software being biased towards making the player lose. There have been instances where casino have been found to be using software like this, though in most cases they have been prosecuted, heavily fined and even shut down forever.