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One of the most reputable names in gambling decides its online casino is a bad bet, citing uncertainty south port casino the political climate for Internet wagering. The move could be a blow for online wagering because MGM is one of the most reputable names in gambling.
Its move into Internet wagering in September had lent a sense of credibility to the market, which faces obstacles such as rejecting bets from minors and people living in areas where online gambling is not allowed. MGM Mirage said it had successfully implemented a gaming model that checked to make sure wagerers were adults and did not live in regions that prohibited gambling.
But despite that, the company said, it could not continue operations. Several federal lawmakers have been trying for years to block online gambling altogethermostly through laws that would mgm mirage online gambling it illegal to place Internet wagers via credit cards, something that many credit card companies already do voluntarily. Although none of the bills has yet to pass, online gambling advocates fear they're garnering more support each year. Further complicating the issue is the quandary over who can legally wager online.
Gambling opponents say it's technically illegal for U. That means big-name casinos such as MGM, hard rock casino miss might be natural destinations for online wagerers from the United States, must turn away many of the very people they attract.
Even so, online gambling experts say the majority of online betting originates here because of the high Internet penetration and incomes in the United States compared with other countries. Many established Las Vegas casinos were late to the Internet gambling partyfearing online wagering would eat into their market share.
But as they watched online casinos rake in cash from people who never had to leave their computers to make a bet, they changed their minds. The Interactive Gaming Councila trade group representing online gamers, said MGM's plan to close its online casino wasn't surprising, given that many legal issues remain unresolved.
Don't show casino joker wild again. Culture MGM Mirage shutters online casino One of mgm mirage online gambling most reputable names in gambling decides its mgm mirage online gambling casino is a bad bet, citing uncertainty in the political climate for Internet wagering. June 4, MGM Mirage is folding its online casino, citing uncertainty in the political climate for Internet wagering.
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