March - 23 Richard Hauser, an expert in the gaming industry, is of the
opinion that the big land casinos will use their brand power to leapfrog the
current online casino operators.
Many of the big groups have built new resorts that aren't delivering them
results and according to Hauser this is raising the profile of Internet gambling
ad they look for new sources of profits.
He also said that the big casino corporations will try to dominate the
industry, and would want to see a change in current gambling legislation in the
United States.
The American Gaming Association, an advocate that represents most Nevada and
New Jersey casinos is reported to be changing their views on online gambling.
Until recently they had been totally opposed to any form of online gambling in
the US. They are now reported to have indicated support for licensed and
regulated Online gaming in the USA.
Rumors are doing the rounds that the land based operators will use their deep
pockets to start lobbying for regulated online gambling.
If regulation comes into effect that large groups will in all likelihood try
to acquire existing operators to kick start their business. There is also the
issue of trade agreements and how that would affect the licensing of European
betting companies in the US.
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