- Joined
- May 24, 2008
- Location
- CO
With the inevitable coming of on-line gaming to the US, I am guessing that players will be dumped if and when an on-line casino has the opportunity to join the US market.
What I am getting at is the following:
1) Will the few reputable on-line casinos that take US players now, vie for a slice of the pie when the opportunity knocks? I think the answer would be yes, since the sheer volume of potential new customers would dwarf the numbers that play today.
2) For those people that currently have an account with a casino that join the US market, will their accounts have to be closed and transferred to a new account that is shared with the government to allow for proper tax revenues to be collected? Will the casino not be able to join the US market? I have heard rumors that some on-line casinos won’t be able to join due to the fact that they catered to US players in the past. I don’t believe this will stop the money hungry politicians from striking a deal to get them into the market.
3) I am confident that the government is not capable of doing much of anything efficiently, wait….. well maybe when it comes to taxing and spending. Given the fact the state governments will probably take a nice slice of the pie, does anyone know what the RTP might be on, say slots? If I had a WAG, I would say 60 percent to maybe 70%. I would venture to guess that RTP would most certainly have to be lower than what on-line currently is (generally speaking). I can hear it now, “this casino software must be rigged”, it’s a rip off, etc., but then confusion sets in, since this casino is regulated by a government, so it must be fair.
4) Based on my reasoning, whether flawed or not, I would say that if I didn’t want to participate with the whole regulation thing, my favorite on-lines of today might be gone and all I’ll be left with is some “rogue” who isn’t licensed in a US state; or I could just quit playing altogether; or I could get with the times, enjoy regulation and happily pay my 35% fee for some “government protection.”
What a barge load of crapola.
What I am getting at is the following:
1) Will the few reputable on-line casinos that take US players now, vie for a slice of the pie when the opportunity knocks? I think the answer would be yes, since the sheer volume of potential new customers would dwarf the numbers that play today.
2) For those people that currently have an account with a casino that join the US market, will their accounts have to be closed and transferred to a new account that is shared with the government to allow for proper tax revenues to be collected? Will the casino not be able to join the US market? I have heard rumors that some on-line casinos won’t be able to join due to the fact that they catered to US players in the past. I don’t believe this will stop the money hungry politicians from striking a deal to get them into the market.
3) I am confident that the government is not capable of doing much of anything efficiently, wait….. well maybe when it comes to taxing and spending. Given the fact the state governments will probably take a nice slice of the pie, does anyone know what the RTP might be on, say slots? If I had a WAG, I would say 60 percent to maybe 70%. I would venture to guess that RTP would most certainly have to be lower than what on-line currently is (generally speaking). I can hear it now, “this casino software must be rigged”, it’s a rip off, etc., but then confusion sets in, since this casino is regulated by a government, so it must be fair.
4) Based on my reasoning, whether flawed or not, I would say that if I didn’t want to participate with the whole regulation thing, my favorite on-lines of today might be gone and all I’ll be left with is some “rogue” who isn’t licensed in a US state; or I could just quit playing altogether; or I could get with the times, enjoy regulation and happily pay my 35% fee for some “government protection.”
What a barge load of crapola.
