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Interesting theory, and it would be nice if it were true. I’m sure the Las Vegas casinos would love to get into the game but I really don’t think the politicians will ever allow it, at least not in my lifetime. And I’ve got 40+ years before Social Security says I can retire.
There’s a thought. Why not legalize/regulate online gambling and put all that extra tax money towards Social Security. That would fix two problems at the same time.
This guy says .. “It is also part of my theory that the Vegas, Atlantic City, and Indian casinos have actually been secretly lobbying FOR anti-internet gambling legislation ..”
DUH ? .. I don’t think there is any secret about it .. Las Vegas casinos have been spending a ton of money lobbying Washington in regard to Internet gaming. They don’t like a bunch of amateurs coming along and taking money they feel should be theirs.
It is their contention that they should be the only ones allowed to offer online gambling, as well as being involved in the regulation of it, since they have hundreds of years of combined experience.
I said basically the same thing in this forum a couple of years ago .. but, everyone sort of acted as though I didn’t know what I was talking about.
The casinos are spending big bucks (as we speak) developing their own software programs, so they will be ready to go when the time comes.
AND .. If I were one of those sports book guys who was recently arrested .. I would definitely be looking over my shoulder .. and back off the online sports betting. Sports betting is BIG business in Las Vegas!
Being arrested is the least of their worries! :shooter:
LasVegasLady wrote:DUH ? .. I don’t think there is any secret about it .. Las Vegas casinos have been spending a ton of money lobbying Washington in regard to Internet gaming. They don’t like a bunch of amateurs coming along and taking money they feel should be theirs.The Nevada rep in the House for the 4411 debate was strongly against the Bill. Really strongly against it.
CGW wrote:…this was all a plan by the US government to actually get internet gambling regulated.Totally agree. At the risk of sounding arrogant (
) I suggested this as soon as 4777 raised it’s head…if they can panic the industry like they have done, and show what *could* happen if we’re all naughty boys, they will get a lot more votes and pats on the back when they turn round and say “oh okay okay, we’ll regulate it then just for you”. Which they will…eventually.This whole thing is about money (the moral arguments are a joke with the exclusions for horse racing and lotteries). So there’s $12Billion leaving the USA. Work out the tax on that! They are hardly gonna brush it under the carpet for ever now are they when they can be raking in $3Billion a year in revenue!
I’ll let you guys figure out the political details .. I know NOTHING about politics .. HATE IT ! .. it’s an unethical dirty, rotten business!
However they intend to manipulate the system and get things done .. I really don’t know.
I DO know that Las Vegas wants Internet gaming to be legal .. they want to be the ones licensed to offer it online .. the casinos already have the reputations .. they already know everything there is to know about gambling .. they are the logical ones to be offering it .. not FlyByNightCasino.com or whoever in some little dinky country .. somewhere off shore .. with questionable laws and/ or regulation.
The current gaming regulators will assist in regulatiion .. since they have been doing it for years and know a hell of a lot more about it than anyone else.
Once the Las Vegas casinos are offering online gaming .. the government will get their tax money .. and everyone will be happy .. except the off shore casinos .. and most likely all the online gaming affiliates.
I agree that the Vegas casinos want in & want this industry regulated so that they can control it, there is just too much money being left off the table & probably being taken off the table in their minds.
I also don’t think that that will be the end of the casino affiliates, we have to remember that we are the ones who have been vying for natural position in the SEs for the last several years & not those casinos. We have that strategic advantage and we know how to keep up with the ever changing algorythms in the industry, not that Vegas can’t hire experts but it will be some time before they can catch up. A scenario I would find likely is that once the Vegas casinos can play the online game, restrictions for advertising online gaming on Google, Yahoo, etc. will relax for all of us.
The entire notion of Vegas being against online gambling is a myth. In the interest of saving time, I’ve copied a bit I wrote a while back:
Quote:
I wonder when the land based casino’s here in the US will start up offshore versions of their casinos?A few have already and failed miserably. Hard Rock, MGM and Harrah’s (only a bingo site for UK players) all have given it a go.
There’s a bit of a history lesson here, so sorry if I bore anyone…
Going back to the summer, previous to the Trade Center bombings, Nevada had voted to move forward with online gambling for the land-based properties. Following the vote, things moved to the Nevada legislature to sort out the odds and ends–things were looking quite good. The land-based casinos had their software in the ready and were anxious to get moving.
Then 9/11 happened–everything changed. Due to the overall climate in the US (helped by the ridiculous McCarthy-esque Patriot Act), all movement within the Nevada legislature regarding online gaming was dropped. The Patriot Act all but prevented things from going further.
With that, Hard Rock and MGM decided to take things into their own hands by spending over $10million each to become one of only a handfull of casinos to license through the Island of Man (IOM). The IOM seemed like a great way to go, as they have the stiffest policies for their licensees–everything would have to be aboveboard. Great as this may be, however, there was to be one stipulation–IOM would not permit Hard Rock and MGM to allow US players (even if they had, though, it would never have flown with Nevada Gaming laws for the land-based counterparts). As a result, MGM and Hard Rock never gained solid footing, as they were marketing to countries where their land-based brand names had no brand recognition, whatsoever. With high licensing fees, etc., these casinos never had a chance.
In the case of Harrah’s, they recently attempted a fairly goofy stab at opening up a bingo site in the UK. Harrah’s is now the largest land-based operator in the world and they have plans to build land-based properties in the UK. In theory the move to test Harrah’s in the UK would seem brilliant, due to the UK’s move to regulation. Unfortunately, it was not great software, the marketing of the site was not organized and things fell apart quickly.
For the future, don’t count MGM and Hard Rock out. Moreover, Harrah’s is likely to have the greatest impact of any US land-based operator. Because they have a huge interest in traditional land-based casinos AND Indian gaming (Indian gaming has been using their deep-pockets in an effort to lobby against online gaming), Harrah’s is something of the “great white hope” to affect a change on US policy. They’re the only Indian gaming-involved entity pushing for online regulation, plus they have their interest in the UK market, which the US will be greatly influenced by.
Beyond all this, you can be certain that just about every major land-based casino in Vegas is poised with software, marketing plans, and big money to be ready for the moment when they can do so in a legal environment.
Sorry if anyone fell asleep while reading this–you probably needed a good nap anyhow.
What you need to consider in all this is which states have put up the biggest fight against online gambling. Arizona, Mississippi, Missouri, Louisiana, Iowa and Tennessee. All but Tennessee have tremendous Indian gaming interests.
Due to certain treaties, Indian gaming may only take place on Indian soil. What this means is that Indian gaming would not have the ability to open online operations, should the US ever give the green light. On the flip-side, traditional land-based (i.e., Vegas, Atlantic City) would dominate online gaming.
Would the advent of regulated online gambling have a negative impact on Indian gaming? Doubtful. If you think back, Vegas and Atlantic City fought to prevent Indian gaming, claiming this would do enormous financial damage to these towns. This certainly was not the case, particularly with Las Vegas. Las Vegas can’t build hotels fast enough to keep up with the growing demands. And without question, online gambling has done nothing to slow gambling growth in any arena, be it Vegas, Atlantic City, Indian gaming, whatever.
So cutting to the chase, nope…no conspiracy here, other than Indian gaming’s fear of revenue loss.
An interesting read on this situation, which will hopefully bring a bit more insight:
http://www.bloomberg.com/apps/news?pid=20601085&sid=akHqMtqYNtcI&refer=europe
Don’t forget that the NFL was a major sponsor of the gambling bill. Are you supporting them by watching their games?
Just a thought…
poker has been successful in land based casinos, due to the success it has had online. Players are being fed to land based casinos via the internet, an education ground for many poker players who start out.
My view is that land based casinos realise that there is a place for internet based casinos and poker rooms, which translates to more players and money for them.
LasVegasLady wrote:This guy says .. “It is also part of my theory that the Vegas, Atlantic City, and Indian casinos have actually been secretly lobbying FOR anti-internet gambling legislation ..”DUH ? .. I don’t think there is any secret about it .. Las Vegas casinos have been spending a ton of money lobbying Washington in regard to Internet gaming. They don’t like a bunch of amateurs coming along and taking money they feel should be theirs.
Trey wrote:.. we are the ones who have been vying for natural position in the SEs for the last several years & not those casinos. We have that strategic advantage and we know how to keep up with the ever changing algorythms in the industryI don’t think the Vegas casinos are too concerned about the search engines.
When the offshore casinos started up .. they had NO players and had to count on affiliates to help get their businesses off the ground.
The Vegas casinos already have thousands of players who fly in and drive in on a regular basis and drop all their money in their favorite casino(s).
Now, they will be able to tell their players they don’t have to wait until their next trip to Vegas .. they can play online from home and still rack up those comp points for the times when they choose to come to Las Vegas on vacation.
They certainly wouldn’t turn their noses up at the prospect of reeling in some new players .. but I don’t think it will a big enough priority that they would be willing to pay all that much.
I imagine they would be willing to pay affiliates on some sort of CPA basis .. but, I don’t see Vegas casinos ever offering a revenue share ! These people are the greediest bastards in the world !
Marketing is the least of their concerns. Market control is their goal.
The logistics required to extend their business online will be a joke to these
guys … financially and technically.
They have databases of their whales and can easily set them up
to play from home … add that to the established trust factor and
billions more will flow into their hands.
:bored:
I think it’s much more of a sinister conspiracy, orchestrated by certain Casino’s, Sportsbooks, and Poker Rooms, working with the U.S. Government
Hear me out
The “Patsy’s” so far have been Sportingbet, Party Poker, 888, to name the big 3
As big as those 3 are, they have all been suspected of shady doings by members of this board and the entire affiliate community
The Plot is this…
By eliminating the U.S. market(a similar move to Sportingbet wiping out its affiliate program), they are “temporarily” shutting out that action, it will not be permanent, they will lose money if that is the case, but that is not the case
Then after a period of some months, they will reinstate that action, but the hitch is this, you will no longer receive commissions on those players
Seems like a bizarre theory(still in progress), but only because i witnessed Sportingbet pull off a very similar move in the past, as well as WSEX(another patsy who got “pretend busted”) did i start putting the pieces together
Like mentioned here, the gambling market is growing, and the immediate reaction of many will be, “since the U.S. Government opposes it, it must be a good thing”, and that will only increase the action
When cocaine was free growing in the wilderness everyone was smoking opium, then they made it illegal and it became a multi billion dollar a year industry(slight exaggerations there, but u get the point)
I’m thinking there is something sinister brewing here
Think about it logically
Party Poker and 888 must make an unbelievable amount of money daily from the U.S. market, why would they just pack up and leave so quick without even putting up a fight, makes no sense whatsoever
There is more here than people think, alterior motives are behind the scenes
Please feel free to add to my theory, some parts of the puzzle are missing, extra brains always make things easier
nick777 wrote:Party Poker and 888 must make an unbelievable amount of money daily from the U.S. market, why would they just pack up and leave so quick without even putting up a fight, makes no sense whatsoeverI totally agree, I don’t think these big companies are just going to take it on chin and carry on. They must be mounting some sort of counter attack as we postulate over this.
I certainly hope they are anyway.Quote
Think about it logicallyParty Poker and 888 must make an unbelievable amount of money daily from the U.S. market, why would they just pack up and leave so quick without even putting up a fight, makes no sense whatsoever
There is more here than people think, alterior motives are behind the scenes
They would play patsy to crash their stocks like they just did so theycan pick them up for peanuts and come back in the market later with
zero life long or immediate liablities to their affiliates.
I’ll bet the CEOs are celebrating right now.
:woohoo:
aleph wrote:Quote
Think about it logicallyParty Poker and 888 must make an unbelievable amount of money daily from the U.S. market, why would they just pack up and leave so quick without even putting up a fight, makes no sense whatsoever
There is more here than people think, alterior motives are behind the scenes
They would play patsy to crash their stocks like they just did so theycan pick them up for peanuts and come back in the market later with
zero life long or immediate liablities to their affiliates.
I’ll bet the CEOs are celebrating right now.
:woohoo:
I’ll never have to worry about you Aleph, you know what’s going on
P.S.
I have a website you’d really like, it’s about the real truth and things people are afraid to accept as reality
Its still not fully completed, and many have suggested i don’t go public with it, although its stuff people should know, most people would be much happier if they didn’t know
But you would like it, i’m sure
In fact i’m gonna PM you the links to a few of the completed test pages to check out
