News Feed
High Noon Casino

UK Gambling Firms Spend Millions to Shape U.S. Legislation


This SlideShowPro photo gallery requires the Flash Player plugin and a web browser with JavaScript enabled.

While no one wants to see the U.S. government reverse the country’s online
gambling ban more than American gamblers and online gambling firms,
gaming firms in the rest of the world also have a vested interest in the
lucrative U.S. internet gaming market, including many based in Britain.

According to recent reports, many large British companies are currently
investing millions of pounds in the lobbying of American politicians with the
aim of helping convince them to vote to change the draconian anti-online
gambling legislation that has effectively made it illegal for Americans to
gamble online.

Not only is the current legislation preventing American online gambling fans
from choosing to gamble online, but has also made it impossible for U.S. and
offshore-based online gambling firms – including those based in Great Britain –
from competing for market share in the lucrative U.S. online gambling market.

One such UK company thought to be lobbying in the U.S. is UC Group, an online
payment services group, which has reportedly spent £3.2 million over the past
few years. In fact, many leading UK gambling firms have reportedly hired U.S.
lobbying firms, including PartyGaming, Sportingbet and Pokerstars.

Before U.S. Congress passed UIGEA in October 2006, the vast majority of global
online gambling revenues – reaching well into the billions of dollars – were
generated from the U.S. So when the U.S. online gambling market became
‘off-limits’, many of the globe’s largest gambling firm saw their revenues
slump.

As such, they were forced to market their brands elsewhere in the world,
including in the UK, across Europe and increasingly in various countries in
Asia. However, the ‘mother lode’ of the online gambling industry is still very
much in the U.S. which is why the world’s leading gaming firms want to see the
activity legalized.

Casino Offers
Club USA

Featured Slots
The great trilogy has hit the computer screen as an amazing online slot game.
Featuring one of the most beloved super heroes, Iron Man slots is packed with great graphics, sound effects, special features and a bonus game. Coin values range from £0.01 to £5 with a maximum payout of 5,000 coins.
Videos
Most Read