Tag Archives: online gaming
Calling All Millionaires. Building an Online Poker Empire (Page 1 of 2)
The internet has opened doors to miraculous opportunities. Every person around the world can literally become your customer if you have the right product or service to offer them. Many people have become wealthy because of the internet, but some have become mega wealthy.
The online gaming industry has produced multiple Billionaires over the last 7 years. That’s billionaire with a B. Take Ruth parasol, the co founder of Party poker (Party Gaming). Ruth standed to make an additional $683 million the day her company went public. Then, there is Calvin Ayre. He founded the Bodog sports book empire. Bodog takes hundreds of millions of dollars in beting action each year.
There appears to be a shroud of mystery around the legality of online gaming. At times, the United States government has intervened and tried to police the world as one nation. The interesting thing to note is that there are many variables to setting up and doing business as an online gaming company. US citizen or not, the US government has only gone after sports book and sports book processing companies.
In the past 7 years, US citizens contributed most of the online gaming revenue globally. In the past two years, things have really started to change. Regardless of recent US law changes, US players really haven’t slowed down with online gaming. Online gaming is growing at a cancerous rate. This is because of internet broadband expansion on a global basis. Citizens from other countries across the globe are starting to place wagers online. They are finally able to do so because of high speed internet access availability..
If every US citizen stopped placing wagers online today, the online global gaming industry would still grow at an alarming rate. What’s even more interesting, is that NOT one US citizen has ever been prosecuted by the US government for taking wagers online from non-us citizens outside of this country.
Thanks to client language software (software that runs in different languages), it is now possible to market gaming globally and successfully. You can be a US citizen, and legally own and operate an online casino, poker room, and or sports book, providing that NONE of your customers are in the United States, or are US citizens.
The recent US law banning US poker may get repealed this month. You can learn more about that by researching the UIGEA repeal ACT to be held on September, 26th, 2007. Not to mention, it looks like the government will never go after poker rooms due to the public unrest involved against the law. There are at least 5 large successful poker rooms that still take US players. They promote their poker sites all over television with US poker celebrities as their spokesmen. They are Poker Stars, Ultimate Bet, Full Tilt Poker, Absolute Poker, and Doyles Room. One of the founders of Doyles Room is Doyle Brunson. Doyle lives in Nevada and doesn’t hide under his bed. The only type of gaming site that the US government has ever gone after is a sports book. The only type of processing company the US government has ever gone after is a processing company that would process the sports books deposits/withdrawals.
The Planet of Online Gaming has Grown Beyond Imagination
Just saying that online gaming has become popular can be a substantial understatement. It had been well-liked for a although, but in the past couple of years its recognition has reached previously unheralded heights. The development just isn’t just in the number of individuals who are playing these games, but it is also evident in the amount of online gaming sites and games that preserve growing every single and each and every day. Just typing ‘online games’ inside a significant search engine like Google will provide you with outcomes that may display more than 200 million websites!
What exactly is the reason behind this ever-growing recognition of on the internet gaming? Nicely, you can place it down to some issues. One of the reasons may be the availability of enhanced technology and graphics, and another cause may be the facility to interact flawlessly.
Games like Pac-Man, Pong and Frogger seem to have been the greatest choice among gamers a lengthy time ago, but actually it was just about a couple of years ago. In the world of technology though, that is far more than a lifetime, it is an completely distinct era! It’s not that games programmers didn’t have suggestions for the varieties of games that we appreciate playing now, it was rather that they had no way of implementing their concepts. In the past the coding languages accessible had been not advanced sufficient as they’re nowadays, along with the pc processors had been just able to procedure easy commands. Now although, engineering and programming languages are at a level whereby the imagination will be the only limitation, and this has shown itself in the wonderful games which might be consistently released.
Uninteresting and slow graphics that moved in an unimpressive way on the screen, have all turn out to be a factor with the past. Right now with all the contemporary technologies that’s out there, a number of the three dimensional games that are being provided on the web in fact much more closely resemble a film than a game. And, the quantity of graphic input through Java Scripting, Flash and AJAX programming have offered the games an apparent near-realism impact. And, for those who have a high-speed world wide web connection, for example a T1 or T3 line, then you certainly are going to appreciate some great graphics.
However, you need to know that possessing excellent graphics does not usually imply that the game is also of equal high quality. The criteria for a great game is the fact that it can be interactive and rewarding, and this can be where on the web games have genuinely come into their personal. These days, men and women prefer to play on the internet games against other players as opposed to just against the computer. In the past, the speed of Web connections limited gamers from competing against each other, but these days much more than 20 gamers from around the world can compete with one another without having any difficulties. As a result of this cause you might have two advantages in your side – there is certainly no limit to the level of time it is possible to play on the internet, and secondly each time you play you can find new and fascinating surprises.
So, what regarding the future of online gaming? There is certainly no doubt that every one of the present-day capabilities of online gaming are going to strengthen exponentially, hopefully, and attract increasingly more gamers towards the pool of existing enthusiasts.