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Internet gambling conquers the market with inflated figures
Back in the 1996 when lawmakers made their virgin attempts to cut off Internet gambling, their job was much easier as merely 30 sites, raking $30 million were operating on the full scale. This year records show that more than 2,000 gambling Web sites from U.S. customers will rake nearly $10 billion which a 40% leap from the last year. Undoubtedly, these figures show that gambling industry is the most powerful money generator in the world, in spite its illicit nature.

Some gambling experts say it is the year of poker, as the number of poker enthusiast magnifies with the speed of light. This gambling obsession lends itself to the advances in wireless technology, broadband and the most luring PC wagering. Above all, poker gambling is not only a contention field to show of your gambling skills, but is still considered on the cool side whether played around the table or in front of the PC. The everyday life is permeated with technology and gambling industry has finally found its soul mate. TV gambling programs, interactive technology, allowing for competitions to take place in real time, peg solidly the attention of the crowd. The underground industry, once vetoed is gradually admitted to light.

Recent surveys revealed that 3% of the people admitted shuffling virtual chips at the working hours, when two years ago, only 2% were indulging in this luxury. Though law enforcement officials are keeping an eye on these activities, they are virtually powerless to put an end to it.




Source: gamblingsmart news writer

Thursday, 10 February 2005

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