Poker brings huge income to online casinos
By Joni Hawk, Jan 28th 2007Casino poker seems to be leading the online gambling business. It started with a 20% of total revenues produced by online gambling all over the world (an estimated $2.4 billion)
Experts think that by the year 2010, online poker will bring 27% of the profits generated by the online gambling industry, reaching an amazing $6.7 billion.
Just consider that a few years ago Las Vegas“ Strip casinos managed to raise $5.3 billion, it becomes obvious why many experts say that online casinos will swallow all other forms of casino and sports gambling.
The question is what are Vegas casino operators supposed to do in such a case? Well they will not consider them as competitors. Most of them decided to create online versions of their services so they could even the odds. This move would be a completion if it wasn't for the fact that casinos aren't allowed by law to provide online gambling services to people who live in the US.
This rule is about to change so regulating online casinos seems to be the only solution left so everyone can have equal chances.
Experts think that by the year 2010, online poker will bring 27% of the profits generated by the online gambling industry, reaching an amazing $6.7 billion.
Just consider that a few years ago Las Vegas“ Strip casinos managed to raise $5.3 billion, it becomes obvious why many experts say that online casinos will swallow all other forms of casino and sports gambling.
The question is what are Vegas casino operators supposed to do in such a case? Well they will not consider them as competitors. Most of them decided to create online versions of their services so they could even the odds. This move would be a completion if it wasn't for the fact that casinos aren't allowed by law to provide online gambling services to people who live in the US.
This rule is about to change so regulating online casinos seems to be the only solution left so everyone can have equal chances.
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Poker brings huge income to online casinos





