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Internet Gambling
by Jerry "Jet"
Whittaker
May 8, 2006
Internet as a platform for gambling:
Gambling has been an almost an age old tradition in the
west. Though with changes in time the nature & rules of
the game also has seen huge changes. It has been seen in
the recent times that book makers & virtual casinos are
making their appearances in the computer world through
the internet & this financial strategy has surely proved
to be a financial boon. Net researchers have found out
that in the year 2005 alone online casinos & book makers
brought in over an amount of $3 billion approximately.
These revenues are mainly derived from the sport books
online, virtual casinos available on the net & millions
of other gambling websites across the globe.
Online Gambling as a legal activity:
As it is clear from the facts that online gambling is a
whole new phenomenon, the laws & legislations
surrounding it are still evolving. Many states in the
U.S.A. have already accepted as a legal under the Gaming
regulatory act. It is also assumed that with a
considerable expansion of the
internet gambling
on it will also possibly undergo vast expansion which
may yield a huge amount of revenue. And as people become
more &6 more aware of the trends of internet gambling,
more & more developments are being undertaken by state
governments for current legislation & legalization of
the activity.
Popular gambling sites on the Internet:
With a considerable expansion in the domains of gambling
in the net the activity is not only restrained to
typical gambling games such as casinos & other card
games but has subsequently made its way into popular
outdoor sports like soccer & basketball especially in
the states. There are also a subsequent number of
websites that cater to the needs of dealing with the
processes of betting or wagering on a particular sport.
These websites also provides 24 hours constant backup
help for their clients along with providing solutions
for their problems & sorting out their queries. Some of
the most common & most prominent of such websites are
sport.com, onlinesportbook.com etc to name a few.
Las Vegas as the Gamblers heaven of the west:
Last Vegas also known as the Gambling capital of the
West provides a perfect infrastructure and the right
platform for development of the ideal environment for
Gambling. It all started in the late 80’s when all the
other states were on the verge of legalizing gambling,
this vibrant city in the cover of Disney redefined
itself by providing an atmosphere for what it takes to
be called as the modern day heaven for Gamblers
following a rapid rise in revenue through tourism and
the game.
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