Would You Like To Own Part Of An Online Poker And Casino Business

The internet has opened the door. The world can become your oyster if you have the right product or service to offer them. Countless people have become wealthy from the internet, but some have become ultra wealthy.

The online gaming industry has created Multiple Billionaires. Take Ruth Parasol, founder of Party Poker. When her company went public, she made an additional $683 million overnight.  Then, there is Calvin Ayre, the founder of Bodog. Bodog takes hundreds of millions of dollars in sports wagers each year.

There is a shroud of mystery around the legality of online gaming. TheUnited States government has intervened and tried to police the world. The interesting thing to note is that there are many variables to setting up and doing business as an online gaming company.

US citizen or not, US company or not, the US government has indicted a small percentage of these companies, and only if these companies have violated “certain” rules deemed to be laws.

Since day one,  US citizens have made up most of the online gaming revenue globally. In the past few years however, things have started to change. Regardless of recent US law changes, US players haven’t slowed down with gambling online. Online gaming is still growing fatser every day. we can thank broadband expansion on a global basis. Citizens from other countries  are starting to gamble online. This is possible because high speed internet is working its way everywhere.

If every US gambler stopped placing wagers online today, the industry would still grow at an accelerated rate. What’s even more interesting, is that NO US Citizen has ever been prosecuted by the US government for gambling online.  

Thanks to client language software (software that displays different languages), it is now realistic to market online gambling successfully around the globe. You can legally own and operate an online casino even if you are a US citizen. You can have a casino, poker room, and a sports book, providing that your customers are outside of  the United States and are NOT US citizens.

There is a chance that the US law against online poker will actually be repealed. You can learn more about that by looking into the UIGEA repeal ACT to be held on September, 26^th, 2007.  The government will never go after poker rooms due to the public unrest involved against the law. There are five very large and successful poker rooms that take US players. They promote their poker sites all over television with US poker celebrities as their endorsers. Poker Stars, Ultimate Bet, Full Tilt Poker, Absolute Poker, and Doyles Room are quite bold.  Doyle Brunson. (founder of Doyle’s Room) lives in Nevada and the feds aren’t hauling him into prison. The US government has only gone after sports books. The US government has only gone after processing companies that  process the sports books deposits/withdrawals.

If you ever wanted to get involved with the online gaming industry and you happen to be a US citizen, you could play the “game” extremely safe by NOT  taking wagers from US players.  The US governement  will probablt never go after poker sites, but better safe than sorry.

Over half of the online gaming market is now outside of the US. This is a $20 billion dollar a year industry. You can legally get a piece of this as a US citizen.  It’s not too late to become wealthy in this industry. Its’ growing every day and will continue to do so through 2012.

Starting a poker room isn’t that difficult providing you have player liquidity. You need enough players to have diversity of available poker games. This can be ensured by joining one of the larger poker networks whom have 20,000+ poker players, on their poker network at any given time.

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