Thousands of players are at online
casinos this very moment, betting away in currencies all around
the world. According to special reports, the allure of online
casinos and poker is growing even more in recent months. Online
casinos, as a hobby, are growing very quickly worldwide and
logging into online casinos is one of the fastest ways to
gamble.
The online casinos industry is a $12 Billion dollar a year
venture, and thousands of online casinos are crowding the
marketplace looking to attract new players and retain current
consumers. These online casinos employ special promotion
strategies, bonuses, and other deals to excite interest in fans.
Now, it looks like players can actually start their own online
casinos on the internet, rather than just playing at them. And
starting online casinos seems easier than some may believe.
Matthew Bair, from the United States, for example, decided to
start his own internet gambling portal, one of many start up
online casinos seen on the web.
Lacking a lot of initial
start up money, Bair, 24, from Dover Township, took his dreams
to the Internet and opened an online betting casino. "The whole
concept of selling online casinos to the public is fairly new,
"Bair said. "I'm sure the demand will explode over the next year
or so." Bair invested $1,000 in start-up money, which he paid to
a firm that designed his site for him. Anyone can do it, said
Jeff Foster, co-owner of the umbrella company that runs the firm
that designed the site for Bair. "All our casino and sports book
Web sites are easy to use and require no technical knowledge,"
Foster said. "The Web site domain name is owned by the customer.
They simply promote the online casino, and we pay them
commissions on all revenue from the site for doing so."
The site went online a
few weeks ago and has had several hundred visitors since then.
Visitors to the casino can bet on professional sports and play
blackjack, roulette, craps and many different kinds of poker. To
legally circumvent U.S. gambling laws, online casinos are
usually based outside the United States. This company, for
example, has business partners with gaming licenses in Curacao,
a Caribbean island in the Netherlands Antilles. "Casinos based
in the United States have to pay taxes and abide by U.S.
gambling laws, which do not permit for interstate gambling,"
said Andrew Paxton, an attorney specializing in Internet law at
CGA Law Firm in York. Foster said his company makes it easy for
would-be online owners to set up their sites without having to
worry about gaming licenses and offshore bank accounts. "The
(sites) we design do not require that you have a gaming license
to operate them, since the sites have our partners' gambling
software installed," Foster said. He said he couldn't name the
companies he partners with because " that would give away our
secret recipe." |