Online Casino Games Results Of Year 2007 Part One


Online Casino Games Results Of Year 2007 Part One

Surely,​ lots of​ people were given a​ wish for the​ year 2007 not to​ play a​ lousy trick on​ them. I don't know whether somebody addressed the​ same wishes to​ the​ online gambling industry... But apparently,​ no one can say that the​ year turned out to​ be particularly successful. Let us have a​ look at​ what happened to​ online casinos and online poker the​ past year.

The problems started even earlier,​ in​ 2006,​ when the​ USA passed the​ law forbidding online casinos and online poker rooms accept gamblers from the​ USA,​ as​ well as​ financial institutes to​ serve gambling transactions of​ American citizens. a​ lot of​ casinos and poker rooms closed their doors to​ American players at​ once,​ but as​ long as​ there were establishments where Americans were allowed in,​ it​ didn't seem to​ be a​ crucial problem. in​ fact,​ serious troubles started in​ February,​ 2007,​ when two former senior managers and principal shareholders of​ Neteller Company were arrested in​ the​ USA. Soon afterwards the​ accounts of​ Neteller with 55 million dollars were arrested,​ and the​ company had to​ refuse to​ work with Americans. "What does it​ have to​ do with poker",​ you might ask. the​ matter is​ that Neteller was the​ basic and the​ most comfortable payment tool of​ American gamblers! Practically all the​ credit cards of​ American banks have not been working with online casinos and poker rooms for a​ long time now. Bank transfers from American banks cannot also be made or​ received,​ there is​ even a​ problem with cheques. as​ a​ result Americans have lost a​ possibility to​ make deposits or​ withdraw their winnings from online casinos and poker rooms. Straight after Neteller's problems another e-wallet payment systems terminated the​ acceptance of​ new clients from the​ USA. Click2Pay,​ MoneyBookers and FirePay had split off even earlier. in​ fact only ePassport continued its operation,​ but they just could not cope with the​ overflow of​ casino players from the​ USA. All in​ all a​ lot of​ American gamblers had to​ finally leave online gambling establishments.

In America a​ lot of​ people hoped for counteraction of​ Antigua and European countries through the​ World Trade Organization against online casinos,​ some people dreamed of​ removal of​ a​ legislative ban at​ least for poker,​ but these dreams were not fated to​ come true. Instead,​ the​ Department of​ Justice (DoJ) moved aggressively against London-based BetonSports,​ which maintains operations in​ Costa Rica and Antigua aimed at​ U.S. gamblers.

WTO hardly trying to​ hide "the real face of​ free trade" awarded the​ affected countries "sixpenny" compensation,​ not in​ the​ least connected with gambling business (for example,​ Antigua was allowed to​ "pirate" with American intellectual property to​ the​ amount of​ 21 million dollars per year,​ though the​ companies' losses run into hundreds of​ millions). Individual law-makers prompted by various organizations such as​ Poker Players Alliance (ÐÐÀ),​ tried to​ propose amendments to​ the​ law,​ but it​ ended in​ talks and news lines. There is​ no serious advance as​ regards legalization of​ online poker games (all the​ more so online casino games),​ and is​ hardly expected in​ the​ near future.

As a​ result,​ if​ earlier online poker rooms grew at​ an​ extremely huge rate (doubling every six months),​ then in​ the​ year 2007 there was a​ turnaround to​ a​ sort of​ stagnation. Online poker rooms which ceased to​ accept American players did not recover the​ old level (but for,​ perhaps,​ the​ iPoker network which bought a​ couple of​ other European leading networks). SportingBet had to​ close whatsoever one of​ the​ formerly most popular online poker rooms - Paradise Poker.






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