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In a Gambling Utopia: The US

There are a lot of regulatory and legislative issues following the online casino gambling industry all around the world as this industry attempts to open up a global gambling market. On every single continent right now there are huge challenges that the gambling companies are facing, and trying to overcome because of the sheer value of a globally open gambling industry with online casinos operating successfully in varied international markets. There is certainly already a lot of international scope to the industry, but there are also specific challenges that the gambling companies are facing within each nation, region, and continent. There are several key markets that are worth billions, smaller markets that are still incredibly lucrative and the growth within the existing online gambling markets.

The United States is the easiest target when addressing issues within the realm of online casinos. The US government passed the UIGEA nearly three years ago and all of the major companies were pushed out of the market on threat of legal action and fines. The US market though was the bread and butter for so many European and Caribbean based online casino gambling groups; when the US market collapsed because of the Federal legislation, companies lost millions, and lost the potential to make billions off of the US gamblers.

Some offshore and foreign online casinos are still operating in the US, but, by and large, and gambling companies have left the market until the US government passes new regulations for the licensing of the industry. That means that for the major names in the gambling industry, the largest internet gambling groups, the much of the North American market is closed for business for the time being.