The Future of Online Gambling Under Trump

 

If there are any certainties with the Trump administration, it is that there are no certainties. What makes things that much more interesting is that the man Donald Trump seems to be loyal to very few things. One of which is money.

For all other sectors of this would be a bad thing. However, for online casino gaming, the implications are very different. This is because of the amount of money that is being made at the casinos. Both by the players and the owners.

Since the entire gambling experience at  yebo casino games occur via the internet the activity has very few overheads. Far less than the brick and mortar casinos. The result is that the casinos can give players a lot more in terms of prize money while they also retain larger profits.

The Twist

The law that outlawed online gambling and nearly destroyed the industry was passed by a President from the same party. Therefore it might prove a bit challenging for Trump to reverse it. Also, the American president is the owner of a couple of brick and mortar casinos.

Clearly, the casino business (land-based) is not as profitable as it used to be. Whatever the reason for the decline, it is now clear that online casinos such as https://www.casinosnz.co.nz/  are not the problem. This used to be the general thinking when the Unlawful Internet Gambling Enforcement Act was passed.

Since the evidence is now in favour of online gambling may be the maverick President will reconsider and legalise the activity on a federal level. Such an action will not only add billions to the coffers of the government in the form of taxes and license fees. But it will also add to the billionaire presidentís wealth if he decides to pursue the business opportunity.

Online Gambling In The Rest Of The World

The online casino industry is one of the fastest growing sectors in the world economy. This is because of a variety of factors. These factors include real money prizes, real-time entertainment and convenience. These three alone make online casino gaming a very attractive hobby.

 


 

 

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