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Online Casino Gambling --- Casino News

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The United States’ online casino gambling market is one of the most sought-after and talked-about markets in the world right now because of the controversial US legislation, and because there is a lot of money to be made from legalized and regulated internet gambling. The UIGEA blocks offshore and foreign online casinos from offering any form of internet gambling in the states; this policy has made the foreign gambling companies and foreign governments extremely displeased with the US’ actions. As the controversy over the UIGEA continues most of the internet gambling industry assumes that it is only a matter of time before legal internet gambling is passed through Congress.

The fact is it will cost the US billions to continue support of the questionably enforceable UIGEA. Already, international online casinos and internet gambling companies are poising themselves for entry into the US market should the government begin the licensing and regulation process soon. And in addition to expecting the opening of the US online casino market international gambling groups are looking at ways to already enter the US market within the three sectors of the market that were given carve-outs.

Betfair has announced a plan to enter the US horserace betting market with new technologies and live streaming technology that will really up the value of the online casino betting market while enticing a new demographic to the activity. Investment firms in the US also agree that entry into the US betting market is a strong move for internet gambling companies looking to position themselves for full online gambling access should the UIGEA be repealed in the coming months.