Online Casinos — Results of Year 08 — Part One

For some consecutive years yet the world public’s eyes are locked on the USA and this country fighting against online casinos. As you remember, in 2006 the Congress has used the Outlawed Internet Wagering Funding Prohibition Act (UIGEA). According to this Act they would have passed within 270 days a supplementary explanation on the application thereof for the banks, but such information appeared in 08 only. If they are implemented the usa banks will have the pain in the ass trying to find out the transactions from online casinos (cheques, bank transfers). The banks should absolutely meet the requirements already in the end of the year 2009 but most of analysts believe that this would not happen, that is really too much up against the background of the banking crisis. Meanwhile the us online bettors a solution to Obama and democrats to cancel the known UIGEA. The have tried to pass the Act through the committee in 08 and failed, only one election was missing. But now they may make one more try and there is a hope that this one may well be more successful. Nevertheless you will need to not yet count on a quick cancellation of the Act, all the more for the online casinos (we have more chance in case of the poker), though a miracle can happen. mm88

This year brought a new problem and again from the USA. The Governor of Kentucky State brought the action against 141 wagering sites to the court of his State. All these sites were charged with violation of the Internet Wagering Act, they received the American (Kentucky occupants in particular). The foundation thereof was the try to protect nys lottery from online competitors as the lottery generates profits and online casinos and poker-rooms don’t. The worst thing was that under this step nys authorities should have had a possible chance to catch websites of all such 141 sites (among them almost all Microgaming casinos and RTGs, plus the largest poker-rooms). Most of great website registrars are found in north america and they were forced to obey (at least one of them, the GoDaddy, confirmed its readiness to cooperate). As a result, the court gave a month to the sites to expel the bettors from Kentucky State and they were forced to do so. Generally one can say that the judgment was made in favour of nys authorities, but taking into account “the cooperation” the punitive measures just weren’t taken. Some sites u . s . and raised the claim to the Court of Appeal of nys which stated that the fields just weren’t “gambling facilities” and they cannot be seized under the State law. This resolution was made already in the beginning of the year 2009 but the Governor is going to appeal up against the resolution at the court of appellate legal system, we’ll see where it will lead. And now let’s observe how the online casino industry is going under conditions of similar press.

Let me start from the Microgaming, the largest and the most known software supplier. This year can hardly be named the most successful but it can hardly be named failing as well. Let me remind you that the Microgaming didn’t stop accepting US players but not surprisingly advantage the whole casino group with such software became a on the rocks in the beginning of the year. Fortunately, all casinos were redeemed by the other group so that the bettors didn’t suffer. In the beginning and in the middle of the year an “optimization” as well as merging and takeover samsung wave s8500 came. Several groups u . s . their casinos to stand up against the crisis more efficiently, at that some casinos closed (the bettors moved to the rest of them). For instance, a well-known Trident Group stopped existing, two of three casinos thereof closed. But by the end of the year the situation became stable and new casinos with this software were dynamically opening all over the year. As a result for the year a number of casinos with the Microgaming software didn’t practically change.

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