When you think about the term gambling, one of the first
places that you think of is Las Vegas but the moment that you question where
people think of when you say the worlds online gambling, you will see exactly
how split the marketplace is at the moment.
Although millions, if not billions of dollars are being
spent within the gambling market on a weekly basis, the recent global recession
has meant that the market has become even hard to keep your head above water,
especially as a company.
According to Paul Graceland, a number of online poker sites
have been the latest firms to be the victim of the downfall in the amount of
money that players have to be able to spend how they like, saying that not one
but two sites have closed their doors to members as they look towards new
ventures.
The news doesn’t prove to be much of a shock when you think
about the size of the market and the constant growth of sites that are breaking
into it every month and with many of those simply thinking that they can offer
a new skin on existing software and tempt players away from their more
established homes, they are facing an uphill struggle to say the least.
Online casinos seem to be more equipped to be able to fend
of the chance of closure, or they simply vanish into thin air without the news
breaking into the media but with a much higher chance of winning big and losing
even bigger, maybe some people are simply happy to see their newly emptied accounts
close along with the sites.
Where will the online gambling market end up, nobody knows,
but with Spain now saying that they are going to allow gambling as long as
sites are hosted on a Spanish governed domain name, there is a new market for
which casinos will be able to fight for and I’m pretty sure that more countries
will follow in upcoming times.
