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Online Casinos for the US

The social networking phenomenon has hit the United States and the whole world for that matter. Social networking is the way that the world connects and interacts and all of the various social networking sites and channels are designed as a way to increase the ease of interaction between users. Facebook is the ultimate social networking tool right now and the online casinos and international gambling industry are looking to take advantage of the popularity of social networking sites while the trend is still hot and growing. Betfair is the largest internet betting company on the planet and the company has announced that it is eyeing the US market right now and looking to take advantage of the popularity and legality of horserace betting.

The US government has banned foreign online casinos from accessing the US market via a ban on internet gambling transactions –the catch though is in the carve-outs. The US legislation still allows for betting on horse races, fantasy sports leagues, and internet-based lotteries. These are the only three legal areas for internet gambling activities. Betfair, like many of the European and international online casino gambling companies is just looking for a way into the US market right now, and horserace gambling may just be that ticket.

The US’s ban on internet gambling sites is largely protectionist in nature, but Betfair is interested in pushing the lines right now and is looking to offer forms of online betting through Facebook. The current plan is to really hit the Facebook social network with betting opportunities and make internet casino betting a part of the social networking environment.