Online gambling banned
On Monday, 2nd October, the Korea. Congress has approved a bill to prohibit Internet gambling. The bill was delivered to the president Bush for his signature following which it will be enacted. The shares of the online gaming companies have already seen a huge drop with the 메이저사이트 majority of shares falling up to 50 percent. The biggest players that have are suffering the most are PartyGaming and the 888 Plc and Sportingbet. If it becomes law the online banks as well as credit card companies operating in Korea. are not allowed from making payments to online gambling company.
What’s the future for gambling businesses that operate online?
This is an extremely difficult forecast to come up with, however currently, it looks as if it could signal the closing of the booming online gaming industry to an enormous degree, since these online gambling businesses generate a significant amount of income through U.S. gamblers alone. If this ban is enacted in Korea and the region, it could cause online gambling websites to lose a significant portion of their revenues.
The gambling firms that operate online certain won’t just sit and wait as millions could be at risk for every one of them. However, we must be patient, and then wait and see what happens.