Casino, Gambling, Gaming, Guide, Online Gambling

Online Gambling Investment Opportunities

69

In the words of many of the influential media personalities within the United States, the government has let the American people down. With the credit crunch and then the housing market collapse, the United States government was caught with no legislation and with their pants down when it came to both of those events. Even though a handful of people knew what was going on, what is painfully obvious right now is that the American government didn’t and for that reason many of the people that invested in companies they thought were secure are now really starting to feel the pain of the situation.

For this reason, it is perhaps ironic that a lot of investors are now starting to take a serious look at online gambling as a way to invest their money. There are very few safe havens in the world economy at the moment, but there are many people that are starting to transfer money into online gambling in the hopes that it will massively expand over the next couple of decades and make them back a lot of the money they ended up losing when all the chips were down. Online gambling through different 토토 has provided a stable investment opportunity to many of these people and the irony of the situation is very delicious indeed.

Why is the situation ironic? Well, many people that follow the online gambling industry will of course remember the Unlawful Internet Gambling Enforcement Act of 2006. The UIGEA was a piece of legislation that single-handedly cut the market for online gambling in half. It was passed by legislators that were on a witch hunt against online gambling and their associated financial institutions and without any thought, as to the lives they would affect or the jobs they would destroy, the legislators passed the bill and gloated about it to their socially conservative constituents. A similar voice in the field that was ignored was that of people invested in offline gambling companies because naturally, the competition would pose a threat to the value of their stock.

And that second voice that is often ignored in this discussion of history is the one that makes this situation ironic. It is ironic because even though the industry was cut in half when the gambling act was passed, online gambling operations eventually recovered and came back into the fold with a diversified player base and therefore stronger than ever. It is this diversification and ironically enough the effects of the UIGEA that have created a stronger online gambling industry and it is an industry that is now poised to outpace its offline counterpart. Even conservative estimates see the industry as growing to more than 100 times its current size within a decade as well as overtaking offline gambling operations in its worldwide capitalization within the lifetime of the current generation.

With all of these sound prospects, the very same investors that spearheaded the UIGEA are now crawling to online gambling in the hopes that it will help save them from bankruptcy. Such irony does not come along that often in life.

About the author / 

Matthew

Matthew Noyola is a colorful adult trying to establish himself as an eSports writer. He also wishes to participate in a global poker tournament.

Featured Post

  • Which One Is the Most Preferred Poker Gameplay and Why?

    In the gameplay of gambling, there are actually several gameplay that is filled with enthusiasm and enthrallment. Poker is somehow one of the optimal and most preferred gameplay in the world of casinos and online gambling sites. We are here assisting you with poker gameplay, which is the most preferred one, such as QQ online,…

Categories

GET IN TOUCH

Just a few years ago, we were fascinated with the idea of creating an online portal that is a safe and fun platform for all the online gamers there are interested in different casino games. This led to the rise of Med Arab News that is there with all the latest content, some practical and useful tips for online gaming along with vibrant ideas from the entertainment sector as well. Join us on Med Arab News and be a part of this growing community.

Stay up-to date with the latest news and other stuffs, Sign Up today!