Online Casino in the European Union
AGA: Internet Poker will not Affect Land-based Casinos
At present, the United States of America is trying to get back on its feet after a depressing recession over the past several years. Some Americans are honest in saying that they have certainly changed their standard of living since the recession took hold. But things are not as bad as before – the economy has started to improve. With this, more and more people are hoping that they might strike it rich, and so revenues for sports betting, online casinos and the lotteries had increased. Online casino gambling is getting to be more popular with the advent of smartphones where people can play even while on the go.
For years, the American Gaming Association kept a close watch on trends and profits in the USA. In fact, they are conducting an annual survey entitled “State of the States: The AGA Survey of Casino Entertainment.” Last year’s results revealed that revenues did increase – albeit slightly. A 3 percent increase in revenues was reported. And 22 states offering different forms of gambling put in a lot of effort to bounce back from the slump-inducing recession. At present, online casinos have yet to be legalized and regulated, but some legislators realized that the online casino industry is such a huge industry and the revenues that it may bring in to their respective states can surely help a lot economy-wise.
Also, 75 percent of the respondents revealed that going to an actual casino gave them their money’s worth. When asked what game they enjoyed the most, 53 percent answered with slots, 23 percent for blackjack, 3 percent for roulette and 7 percent for poker. This led the AGA’s CEO, Frank Fahrenkopf, to conclude that introducing online casino poker won’t affect land-based casinos.