Future ?

[losingdonkey]

In 2007 war was beginning

[MoolahMuerte]

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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.

[krazyace5]

[mungpo]

Who cares about the future? All I want to do is ride my dirt bike, hack atms with my mothers laptop and blow the money on local arcades with my whiney redheaded friend. Suckers.

[SlapPappy]

[ QUOTE ]
Who cares about the future? All I want to do is ride my dirt bike, hack atms with my mothers laptop and blow the money on local arcades with my whiney redheaded friend. Suckers.

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[img]/images/graemlins/smile.gif[/img]

[olivert]

With the US, France, the Netherlands, Poland, Germany, Turkey, Israel, Russia, and even parts of Canada (notably Ontario Province) all cracking down on offshore online gaming, and many east and southeast Asian countries and territories imposing "great firewalls" to block offshore online gaming traffic, the "future" looks like the following:

Only GOVERNMENT-RUN or government-licensed MONOPOLY online poker rooms will be available in most countries (with the probable exception of the U.K., Spain, and Italy.)

Being able to gamble is a PRIVILEGE, not a right, in most countries, with the government getting to decide who can gamble, on what a person can gamble, with whom (i.e. government monopolies) a person can gamble, how much a person can gamble, and how much "juice" the government will extract from gamblers.

(I also would NOT be surprised to see governments impose a monthly or annual LICENSING FEE on individuals before they can play online poker at a government-owned or government-licensed monopoly online poker site.)

Bottom line: either the government gets a big cut of the "juice" (at least 33%, unless you are talking about the idiots running Italy who gave away the franchise by charging only 3% juice on gross receipts), or the online poker site will be outlawed in a particular country.

Get used to this.

[Tofu_boy]

more bad news than good news lately. [img]/images/graemlins/frown.gif[/img]