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Online Casinos Still Linked to Losses

Australian employees all over the country have joined the fearful talks and spread of information that indicates that the plan to regulate certain sectors of the online casino gambling industry will spell rampant job losses for Aussies. Several land betting companies out of New South Wales began the fearful spread of this information, and it has only continued over the past several weeks. The thrust of the information indicates that the legalization of online casinos will create too competitive of a betting and gambling environment for land based companies and they will be forced to layoff employees in response.

Does this doomsday plan seem just a tad overly fearful? The Australian government is only making the choice to regulate the online casinos and gambling industry because it’s nearly impossible to effectively block. But to be clear, online casino gambling IS already happening in the Aussie market no matter what the government has passed or is considering. The planned liberalization of the market is in response to the fact that internet gambling is inevitable. That means that the land gambling companies are going to have to face the online gambling industry at some point in the very near future, and the Aussie government is really hoping that liberalization of the market will mean more control over the market to safeguard Aussies.

And beyond the fact that the online casinos are inevitable in the Australian market and the gambling companies should stop their ballyhooing, there are conflicting reports about these claimed job losses. Although some gamblers will gamble less at the land establishments, to be sure, the UK market still has very strong land *and* internet betting.