With the thousands of online gambling operations running worldwide, and the 12 billion dollar industry it has become, I ask the question: Is there more room for government run online gambling operations?
In early 2009, the British Columbia government attempted to bring a new online betting operation online to help bring in additional income for the local and provincial economy. On their second day of being online, they became victims to a group of computer hackers who exploited a security breach, compromising the entire operation sa gaming. Their second day online would be the first and last day for this government run venture into the online gambling world.
With what we learned from this experience, the OLG (Ontario Lottery & Gaming Corporation) has plan to launch its own gaming platform for public use in late 2012. Will the OLG use more diligence to protect the integrity of their operation as well as the privacy of the public, who ultimately are the ones who will determine if this sinks or swims. Only time will tell if the OLG will successfully launch the first Canadian government run online gambling website.
After thinking about this for many hours now, I am still not sure how I feel about a Government Run internet betting website. At the casino, at least I can see people actually winning big jackpots and such. In an virtual betting environment, I would be concerned about the fairness of the games, and I much prefer the atmosphere of being there and the excitement of winning
The World has had its share of Black Fridays and the latest one involves the online gambling industry. For a long time, the gambling operators have made lucrative amounts by opening up their sites to all players. Sometimes the players win, but overall the House ends up on the winning side most of the time. This possibility of winning keeps both parties excited and in the business. To encourage players to come back, the operators have always offered great bonuses. The other thing they diid was pay affiliates to send them traffic. This is very lucrative for both parties. However, the fate of affiliates referring players to online gambling sites that accept players from the United States has taken a big hit since the last Black Friday entered the world.
For these affiliates referring US players only, Black Friday was a day that literally put them out of business. Those affiliates who were participating in revenue sharing programs in Europe, had no problem, but those who serviced the US market fell flat on their faces. While it is hopeful that the affiliates will find their feet once again, it will probably have to be by the US Government changing their laws and legalizing online gambling. Such a law has already been proposed in Congress to legalize online poker. It has not passed yet and is not very far along, but it is a start.
With the emergence and popularity of online gambling sites over the last few years, many more people are playing online these days. Black Friday has forced them to find new places to play. Life has become so hectic these days and most gamblers still want to play online, so a good up to date affiliate portal can save you time finding new places to play. If you are from the United States find a portal that offers sites for US players. Remember they have done all the work finding the sites for you, so just pick one and go.
Remember, Black Friday hurt the industry, but it did not close it down. There is still many sites that cater to the US market. Of course, there is still a lot of reasons to play online. You can play from the safe and comfortable environment of your home. These sites are beneficial for those who dont care for traditional casinos and for people who wre not able to make the trip to the casino. Also, these sites offer more games and variety than brick and mortar casinos.
The online gaming sector hit the hardest from Black Friday was clearly the poker sector. The four biggest poker rooms got there domains seized and left the US market. This sent millions of poker players looking for new places to play. It also left millions of dollars of players funds in limbo. It also gave the affiliate portals a chance to rebound and get back into the thick of things. The portals who quickly offered new sites to these players and helped them with their seized funds has the best chance to survive.