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US Illegal Online Casinos

The Absolute Poker scandal several years ago was the first time that the US media really took a close look at the online casino and poker gambling industries. And because of the scandal, the media did not have a lot of very kind things to say about the internet gambling industry. That unfavorable opinion is sometimes based on facts, but more often based on half-truths that are perpetuated by a few key members of the conservative right. 60 Minutes was the first show to really take an in depth look at the online casinos and present that information to the US public. The 60 Minutes special really focused on the huge scandal related to Absolute Poker and Ultimate Bet that rocked the entire industry. Most recently, CNBC has now launched a show within North America that examines the current US internet gambling industry and the fact that illegal online gambling is still happening.

The entire thrust of the show is to present a full look at the illegal online casino gambling industry in the United States – and that show has now aired and reached a huge market of more than 95 million Americans who viewed the program. In addition to highlighting the illegal online casinos operating in the US, the show is really geared toward the investment sector and looks at the big business of illegal internet gambling – it’s certainly lucrative but is it worth the current risk? In addition to examining those in the online gambling industry who have been prosecuted, it looks at the current state of internet gambling, the legislation in place.

Barney Frank is the biggest proponent of online casino gambling in the US and he has legislation in the works that would fully legalize and regulated the gambling industry. Once new legislation in place the US industry would be worth billions – and that’s a fact that has US investors interested.