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Small Online Gambling Sites Are the First to Suffer

12 Oct 2006

This weekend the US law that bans online gambling payment via credit card will be enforced by the assignation of the president George W. Bush. But when it was known that the law was confirmed, the online gambling industry has already suffered the first earthquake. This quake is shown in the cut down within the employees in many little online casinos. The little online casinos are the first to suffer of this law, says Israeli newspaper Haaretz. The only thing the paper didn’t appoint is – the little online gambling companies are the last to suffer.

Haaretz talked about the Israeli owned online gambling companies, stating they have let go more than a 100 workers. But this situation is but a formality, and those people – the ones that have the proper knowledge – will be rehired in the bigger firms, those online casinos have, out side the US. the online gambling industry had enough time to take care of this law problems in advance – so the statement of the Haaretz newspaper as it’s the end of Unites States’ online casinos – is not true. Most of online gambling financial weight will and is moved to England and Canada – and American casinos will focus on non problematic games in their remaining websites, who will keep employing people.

The little casinos are getting cut down, yes. But these little casinos will be shut down anyway because they have no attractive online gambling. The major online casinos will keep making big money regardless to the online gambling law.