Spear thats all it is Semantics.
I am sure on player boards they will be saying the same shit when the last major operator locks out US players…. Here let me guess:
“They will never stop online gambling! People will find a way to do what they want! This is impossible to regulate!”
WRONG! If the casinos do not allow US players then there will be no secret back doors in. If you are a US citizen and you DO manage to sneak in and make a deposit through some creative means then god help you if you win and try to cash out…. I can just see whats going to happen when they require ID verification and find out you are a US player “Sorry but you violated our terms and conditions, no money for you!”
“This isnt a ban on Internet Gambling, its just banks effected. We can still play.”
WRONG! Not if the major Casinos and Poker Rooms refuse your business!
“We will just find somewhere else to play. Somebody will take our business”
Maybe, but if they are not a reputable company operating on a respected software platform do you really want to send players there in HOPES that maybe casino x will pay them? I dont feel warm and fuzzy about that. I respect MGS, I respect Playtech and I also have confidence in Cryptologic.
Its a fucking travesty that my ability to recommend quality casinos to my players is being pulled out from under me.
“Well shit, who needs the US market. The United States thinks its the world!”
Without revenue companies cant operate. Most casinos counted on the US for over 80% of its revenue. A few say the number is lower (I am highly skeptical of that claim) as low as 50% or so, buts lets face it if a business loses that much revenue essentially overnight, how many will survive? Guess what if they close down they cant PAY European or Asian players either.
Perhaps its NOT the legislation. Perhaps its the REACTION to the legislation. But if we all go hungry in January because our commissions have dried up to a small fraction of what we have been earning What difference does it make?
The effect is the same!
Sorry to vent so strongly but the Wagershare announcement is a HUGE blow to where we are going as an industry. Let’s just hope it isnt the final domino line starting to fall…