How Will Online Gambling Influence Internet Transparency in the Near Term

30 June 2014

Casino software companies and online casino operators are becoming part of an industry that is expected to grow tremendously in the years to come. Online gambling now allows people to play in the comfort of their own homes, without having to pay visits to intimidating land-based casinos. More than that, the online gaming and betting industry generates significant revenue for the countries that legalized gambling activities.

But the perks of online casinos are not only related to easy access for players and revenue for the state coffers. Casino software companies and casino operators are actually participating in activities that would make significant changes to the way in which the internet is currently perceived. Experts believe that identity verification and geo-location services, which allow casino operators to view the location of players and their age, will allow more transparency on the internet.

Users have become accustomed with the fact that the internet is a place where anyone can be anonymous, but casinos need to provide information regarding player identification in order to allow gamblers to deposit and withdraw money. Casino software companies and casino operators from states where players have to be 21 and located inside the state need to use geo-location services and player identification services.

Online gambling is expanding more and more worldwide. Even US lawmakers agree that legalization of online casinos in   states like Pennsylvania is only a matter of time. States like California, New York, Iowa, Illinois and Mississippi are all considering legalizing online gambling. On the other hand, Nevada, Delaware and New Jersey allow some forms of internet gaming, while Illinois and Georgia allow their residents to purchase lottery tickets online.

Casino software companies and online gambling operators should also pay attention to opportunities that could arise in Europe. For example, Portugal lawmakers are currently on the verge of legalizing gambling activities in the country, which means that thousands of gaming accounts will be registered in the near future.

30 June 2014

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