to also visit casinos, thus the impact of the Internet on brick and mortar casinos remains problematic. Perhaps only if and when casino attendance and revenues are flat or start to shrink during good economic times will this perfect be validated. In any case, at the end of September 2006, the U.S. and the President agreed to force banks and credit card companies to stay processing payments to Internet gaming sites. With half of Internet revenue coming from the U.S., this placed, at least temporarily, an obstacle in the path of Internet gaming growth prospects.
One factor arguing in favor of continued commercial and tribal growth involves the geography of gambling There remains whole highly population areas in the United States still relatively untouched by casino gambling including Florida, Texas, and the Pacific Northwest so the underpenetration argument might yet prove valid. The potentially huge California does not have any Las Vegas-mega casinos, even though most of the state population is well within driving range of the Nevada casinos plus already 57 tribal casinos operating all over the state. However, in 2004 California voters rejected the idea of legal commercial casinos in the state action and other rejections around the country suggest that public formidable only time will tell whether voters opt to change mind about legalized gambling. Thus the question of whether the industry still in a developmental stage or is a maturity in the United Stated remains unanswerned. What do you think?
to also visit casinos, thus the impact of the Internet on brick and mortar casinos remains problematic. Perhaps only if and when casino attendance and revenues are flat or start to shrink during good economic times will this perfect be validated. In any case, at the end of September 2006, the U.S. and the President agreed to force banks and credit card companies to stay processing payments to Internet gaming sites. With half of Internet revenue coming from the U.S., this placed, at least temporarily, an obstacle in the path of Internet gaming growth prospects. One factor arguing in favor of continued commercial and tribal growth involves the geography of gambling There remains whole highly population areas in the United States still relatively untouched by casino gambling including Florida, Texas, and the Pacific Northwest so the underpenetration argument might yet prove valid. The potentially huge California does not have any Las Vegas-mega casinos, even though most of the state population is well within driving range of the Nevada casinos plus already 57 tribal casinos operating all over the state. However, in 2004 California voters rejected the idea of legal commercial casinos in the state action and other rejections around the country suggest that public formidable only time will tell whether voters opt to change mind about legalized gambling. Thus the question of whether the industry still in a developmental stage or is a maturity in the United Stated remains unanswerned. What do you think?
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