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Costing a Lot

The US ban on online casino gambling has really had a wide-spread effect on the US market even beyond the areas one might expect. The whole scope of the internet gambling industry is lucrative –not only for the online casinos themselves and the affiliates, but the advertising and search engine revenue is a really big deal that is often overlooked. The US internet gambling market was really thriving prior to the 2006 UIGEA; Google was making as much as $9.6 million each month off of search engine advertising when the UIGEA put a stop to all legal US activity.

One of the points that is coming out right now is that the legalized US online casino gambling market has the potential to create a lot more jobs than just the directly related jobs that would crop up as the sites need to go through the legalization and licensing process. All of the search engines are not only loosing out on the millions of dollars annually that they were making off of the online casinos, but the companies could potential produce a lot more jobs once internet gambling is legal in the US market.

The recession has hit the US pretty hard and there are job shortages all over the nation, and all over the world in fact. As the online casinos face these losses in revenue that result from a lack of US market in addition to other recession concerns, it’s just a shame to consider that the United States is losing out on all of this potential revenue and job creation merely because of some extreme right-wing politics that have prevented the repeal of the controversial UIGEA.