Ok fair enough “If a law is passed in the US legalizing online gambling – only local land based casinos will be allowed to run online casinos.” But there is that pesky little keyword “Online”. If they offer this Gambling venue online I would have to assume the World Wide Web would be the medium? A good thing as previously stated.
With U.S trade agreements around the globe I would speculate no out right monopoly in this sector. The U.S would have to open it doors to other Nations. But then again this is the U.S we are talking about. I would say plausible an outright monopoly could take place.
But again I have seen no examples of this. For instance, I bet General Motors would love to kick out the foreign Car Makers. Also I believe the U.S has laws against monopolization as illustrated with the law suite against Microsoft a few years back.
Monopolization is a free market sin. Interesting topic BTW.
Greek39