Shifts In Casino Gambling Trends

| Total Words: 597

The internet’s ability to blur boundaries and society’s acceptance of casino gambling and sports betting ultimately shed light on the inconsistencies and loopholes of American gambling laws. From the makeshift sportsbook stalls in Nevada, most sports betting activities shifted operations and exploited the possibilities of cyberspace in the mid-1990s. At present, there are numerous online gaming sites catering to sports betting and casino gambling based in countries like Jamaica, Costa Rica, and Ireland.

Despite overseas-based operations, the lion’s share of the revenues and clients of these sites come from American states. In fact, recent studies show that these online casino gambling and sports betting sites earn more than legal casinos operating in Nevada. The profits of online gambling and betting sites are estimated at $70 billion for 2005 alone. This is a staggering amount compared to the reported $2 billion from Nevada casinos. This is enough to overthrow the three-decade reign of Nevada casinos from the 60’s to the early 90’s. Considering that online sportsbook and casino sites have been operating for less than two decades, they are...

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