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Land-Based Companies Join the Online Casino Gambling Industry

Now that the anti-online casino gambling industry is banned it the United States, many U.S. based companies are entering the international market and offering gambling services exclusively in Europe. The two major internet search engines have joined the industry, and now it seems that land-based casinos are choosing to run online casinos for European players.

Specifically, the U.S. land-based casino The Las Vegas Sands is operating an online casino for UK gamblers. But just because the company is entering this highly lucrative industry doesn’t mean it will survive. On the contrary, the hugely successful land-based casino operator Harrah’s entered the online casinos industry for a mere six months before it had to shut down the Web site and move onto other ventures.

And perhaps because the online casino industry is a billion dollar business could explain why some unlikely companies are supporting the industry through advertisements. Disney/ABC owns multiple channels, Web sites, and more. ESPN in particular is owned by Disney/ABC and is currently supporting some of the most popular online casino Web sites in the industry: Skybet.com and Bet365.com.

So far, the U.S. has made no attempt or shown concern for the fact that U.S. companies are involved in online casinos overseas. The Senators and Congressmen are currently focusing on addressing and rectifying the problems and societal ills associated with online casino gambling in the U.S. such as addictive credit card gambling and minors gambling at online casinos. Though Senators like Kyl have shown that seemingly random legislation can be passed through Congress overnight, it does not appear that the U.S. will hamper the business U.S. based companies are doing abroad.