The internet has opened doors to miraculous opportunities.
Every person around the world can literally become your
customer if you have the right product or service to offer
them. Many people have become wealthy because of the
internet, but some have become mega wealthy.
The online gaming industry has produced multiple
Billionaires over the last 7 years. That's billionaire with
a B. Look at Ruth Parasol, founder of Party Poker (Party
Gaming). When her company went public, she stood to make an
additional $683 million overnight. Then, there is Calvin
Ayre. He founded the Bodog sports book empire. Bodog is
personally responsible for taking hundreds of millions of
dollars in sports betting wagers every year.
There appears to be a shroud of mystery around the legality
of online gaming. At times, the United States government
has intervened and tried to police the world as one nation.
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 only gone after a small percentage of
these companies, and only if they have violated "certain"
rules deemed to be laws.
In the past 7 years, US citizens contributed most of the
online gaming revenue globally. In the past two years,
things have really started to change. Regardless of recent
US law changes, US players really haven't slowed down with
online gaming. In fact, online gaming is growing at an
accelerated rate. This is because of internet broadband
expansion on a global basis. Citizens from other countries
across the globe are starting to place wagers online. They
are finally able to do so because of high speed internet
access availability..
If every US citizen stopped placing wagers online today,
the online global gaming industry would still grow at an
alarming rate. What's even more interesting, is that NOT
one US citizen has ever been prosecuted by the US
government for taking wagers online from non-us citizens
outside of this country.
Thanks to client language software (software that runs in
different languages), it is now possible to market gaming
globally and successfully. You can be a US citizen, and
legally own and operate an online casino, poker room, and
or sports book, providing that NONE of your customers are
in the United States, or are US citizens.
There is a good chance the recent US law against online
poker will actually be repealed. You can learn more about
that by researching the UIGEA repeal ACT to be held on
September, 26th, 2007. Not to mention, it looks like the
government will never go after poker rooms due to the
public unrest involved against the law. There are at least
5 large successful poker rooms that still take US players.
They promote their poker sites all over television with US
poker celebrities as their spokesmen. They are Poker Stars,
Ultimate Bet, Full Tilt Poker, Absolute Poker, and Doyles
Room. One of the founders of Doyles Room is Doyle Brunson.
He lives in Nevada and the feds aren't exactly knocking
down his door and taking him in. The only type of gaming
site that the US government has ever gone after is a sports
book. The only type of processing company the US government
has ever gone after is a processing company that would
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 doing one thing. Don't
take US players wagers. Even though they probably will
never go after poker sites, take the safe route anyways.
Half of the online gaming market is now outside of the US.
We are dealing with a $20 billion dollar a year industry.
You can legally get a piece of this as a US citizen without
the scrutiny of the US government. If you think it's too
late to become wealthy in the industry, it's not. The
industry s growing every day and will do so through 2012.
Starting a poker room for instance, isn't that difficult
providing you have player liquidity. This simply means
having enough players to allow for diversity of available
poker games. The easiest way to ensure this, is by
integrating your poker room into one of the larger poker
networks whom have 20,000+ real poker players, playing
poker at any given time on their poker network.
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Learn how you can get involved in this $20 billion a year
industry at
http://www.pokerroomstartup.com
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