Broadband on Online Casinos
The global gambling industry relies on the prevalence of high speed and
broadband internet connections to effectively spread the popularity of internet
gambling in new regions. Analysts often site the internet use statistics and the
number of homes with broadband as an indicator of which markets are ready for
targeting by the online casino gambling sites. Australia is one of the fastest
emerging markets right now because broadband internet use is increasingly
popular throughout the country and the Australian state governments are also
increasingly receptive to new gambling regulations and laws that expand the
legality of internet gambling. Tasmania is the latest Australian state to
announce significant changes where the online casinos are concerned; the state
is looking to become a have for gambling companies and an internationally
popular licensing jurisdiction.
The key to this new growth in Australia has been broadband internet; online
casinos need high speed connections to operate effectively and the internet
industry in Australia has long been primarily a monopoly through Telstra. With
the monopoly in place, Aussie gamblers were paying extremely high premiums for a
limited amount of bandwidth use each month. As the broadband offerings become
competitive the Australian states are now really considering wider laws that are
more welcoming to online casino gambling companies.
Opponents to the online casino industry though are quick to point out that there
are other industries that companies and state governments can focus on now that
broadband is more common throughout the country. Anti-internet gambling groups
support measures that would encourage e-commerce outside of the expanding
Australian internet gambling industry. |