Re: Future ?
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Everyone seems to be having withdraw problems and more sites are dropping out everyday, what do you guys think will happen in the next couple months?
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I know people are loathe to talk about this for the 1000th time - but ill give my .02. And im talking about in the US - in those places where its legal and the govs don't stop it - online gambling will flourish unbelievably.
IMHO it comes down to funding - without money the system can't work on any reasonably large scale. And this is what the UIGEA is aimed at. Even though players may be acting illegally - state and local govs do not want to go after the players.
The US gov has made funding a specific target and banks, credit card companies etc. aren't going to risk their licenses etc. to engage in transferring gambling money. I live in S. Florida - and i just read an article about how S. Florida banks are putting new detection systems in place to trace not only where the funds are coming from but where they are going - and what third parties may be involved. As the regs under the UIGEA are finalized and start to take effect, this will put a real damper on the ability to move money around - even now, though, people are feeling the effect.
I don't see how some magical system will pop up that gets around all of this (the banking networks) without individuals having to go to a lot of trouble that they simply wont be willing to go through. There will always be ewallets - shady offshore operations that want a lot of private info. - but will this work on a large scale? Aren't they likely to disappear at the first sign of trouble? Alot of people got burned by Neteller.
And how will these billions get transferred around from point to point- or will everything be done by paper check (and even this might be problematic)?
My best case scenario is that each state goes ahead and prohibits real gambling - online casinos and sports betting sites etc. - and then comes back with a carve out for poker - like a home game. Something like this is currently ongoing in WA.
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