1st Technology LLC owns a patent on a process for taking bets online and claims that Bodog’s downloadable software infringes the company’s patent, which has been granted in the United States as well as elsewhere in the world.
Were this to relate to the casino side of things then this would be an RTG infringement, not a Bodog one. My bet is that this relates to sports betting, reference the quote:
1st Technology LLC owns a patent on a process for taking bets online
My bet (patent # 2340928 ) is that 1st Tech simply owns one particular method for taking bets which happens to be the method Bodog uses. Chances are that this only affects sports betting and only affects companies using the same specific method that alledgedly infringes the patent. It's clearly bad news for Bodog, but...
the implications for the online gaming industry as a whole are huge
...is pure conjecture. Basically we don't know the whole story yet and shouldn't necessarily take the comments of third party editorial and industry observers out of context or at face value until the full facts are known. The press love to blow things out of proportion lets not forget - the truth is often far less interesting than the speculation!