Online Casino Stats

Another attack has been made on the industry of online casinos and this time around it comes from a counselor who works for ACCORD, a Catholic organization that is based out of Ireland. The counselor, John Farrelly, works to help and support wedded couples and tries to help them make their marriages successful. He has indicated that through his work, he has found that unregulated online casino sites are often mentioned as one of the main problems that couples who are having martial problems are encountering. Farrelly has claimed that a lack of regulation of internet casinos has resulted in a dramatic growth in incidents of problem gambling. And, although it may be obvious to some people out there, there is a definite correlation between problem gambling and marital difficulties.

Some of the specific issues that Farrelly mentioned when discussing marital problems include issues like infidelity, unlimited and uncontrolled gaming at online casinos and simply using the internet way too much on a daily basis. Farrelly has now become a staunch advocate of the effort to bring about an increase in regulation for online casino gaming since he sees that as one way that marriages can possibly be strengthened.

Of course on of the problems that many marriages have to confront at one point or another revolves around financial strife. And one of the key instigators of this is problem gambling which is able to quickly get out of control if there are no limitations or regulations in place to protect gamers and their loved ones. Hopefully there will be a positive and logical solution that will present itself in the near future that will satisfy everyone’s concerns.

There is an interesting symmetry between the current state of the stock market and that of the industry of online casinos. We are wrapped up in our current economic crisis precisely due to the lack of regulation of the stock market and now, with the substantial rise in success of the online gambling market, it would seem logical to infer that the casino industry could also use a healthy does of regulation in order to maintain some level of control and to direct the revenue from the casino gambling to worthy places.

With the dramatic and total failure of the Unlawful Internet Gambling Enforcement Act, the government has not exactly been able to successfully demonstrate that they know the best means of regulating this particular casino industry. But with a revenue of more than $20 billion from the year 2008, there is a definite need to harness those casino profits to potentially help dig the United States economy out of the ditch it has been festering in.  One thing that is heartening is that it seems that more and more people are coming to grips with the fact that the UIGEA is completely ineffective and that a good deal of thinking and planning needs to take place to come up with something that will be able to accomplish the goal of regulating such a highly profitable industry.

Land-based casinos, even in the glamour mecca of Las Vegas have taken the troubled economic situation incredibly hard. But somehow, some way, the online casinos in America have experienced a bustling level of business that many other industries in the nation would be quite envious of right now.