Categorized | Misc.

Bye Bye Online Casinos

Posted on 04 October 2006

Very soon, the Us Congress will make Online Casinos illegal as owning one or betting at one. So they have to move in fiscal paradise countries, like Virgin Islands or others and run their activities from there.

But this will be a total mess for them, while their major income, from 50 to 80 percents was from the United States and the Congress found a way to interrupt people’s access to them, using banks, which will not make or take payments from online casinos anymore, or if they do, will be sued.

It’s a big loss both for casinos and for their affiliates. Big casinos, poker websites and other gambling websites will have to move their activity from the US. The biggest ones are 888.com and partypoker.com with all their owned websites.

Only lotteries and sport bettings will be allowed.

This post was written by:

Alex Dumitru - who has written 197 posts on Sandossu / Alex Dumitru.


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