Apart from being politically very bold and certainly showing to US politicians that they are losing out on so much revenue by not regulating and taxing online gambling, I definitely see it like this:
kind of like the poker craze…with it being in the mainstream, people feel that it is ok, it’s not really a sin, it must be safe to do it online…so they go out and give it a try…it could be a great boon to the affiliate industry…
:clapper:
And I am certanly not worried about it posing more competition – we can take the competition. We always have.
To me, the political impact is the most important factor, and the increased citizen acceptance is second most important.
And I have to say it again: There is no federal law against online betting, they have tried to pass it for years and never succeeded. Online gambling is NOT lillegal in the US except in some states who actually did pass laws.
Because it is not possible to pass a law because of lack of support for it, the DOJ took it upon himself to try to scare some of the larger businesses out of the industry. Successfully so. My take has always beeen and still is that this is temporary. In the end, money always talks.
Also, I have some trust in the American public – I do not think that people like the government to tell them how they can and cannot spend their hard earned Dollar. Gambling is a harmless pastime for the vast majority – and the very small minority who does get addicted is very easily treated. Curing gambling addicition is the easiest of all addictions. It is pretty much always successful.
Selling beer at the corner store is doing a lot more damage than selling gambling. By far.
And since the FCC has decided that internet communications and phone communications are NOT the same, the wireact is NOT applicable anymore.
I would imagine that the FCC action precipitated and faciliated the Yahoo decision.