Thursday, 19 May 2022
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Thursday, 19 May 2022
Frank Catania Article Archive
Frank Catania has contributed one article published on the iGaming News site.
Licensing Net Casino Operators
(
21 March 2000
)
Today, there are at least 400 virtual casino gaming sites on the Internet run by up to 200 different operators. Internet gaming revenues worldwide have been estimated to exceed $810 million this year. In 2002, that revenue projection surpasses $3 billion, with some estimates reaching as high as $10 billion by 2003. With revenues like those, it is no wonder that companies from around the world are positioning themselves for a piece of the action and jurisdictions from Australia to the British Isles to Kahnawake are licensing, regulating and taxing Internet gaming with various regulatory schemes.
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