Phil Fraering writes:
Given that even I, in my isolated little backwater of South Louisiana, find myself withing 20 miles of a casino, is it possible that the market is saturating to the point where an internet casino would not neccesarily be a good idea?
If there is real anonymous untraceable digital cash for money laundering with, will "real" casinos see their profits decline as digital money sucks away that part of their business?
The most likely use of the Internet for gambling is for bookmaking, not casino games. Encryption and untraceable digital cash will allow even those "in [an] isolated little backwater of South Louisiana" to compete for biz with the books in Lost Wages, NV and the larger cities. The only real barrier to entry will be capital sufficient to render the risk of ruin insignificant; thats not a _small_ barrier, though. Jeff trestrab@gvsu.edu