RTG And Vegas Technologies Looking To Prosper From Microgaming Decision
Microgaming made a major decision that was revealed on Thursday when the company decided they will no longer take any new customers from the United States. Real Time Gaming and Vegas Technologies are two of the companies that look to gain the most from this announcement.
Real Time Gaming powers sites such as Cherry Red and Rushmore. Vegas Technologies has their software being used by Online Vegas and Golden Casino, among others. The software companies could be major benefactors of today's decision by Microgaming.
Sites that use Microgaming will no longer be taking new customers from the United States beginning on Monday, November 10th. The move has sent shock waves through the online gaming community, and some believe it is a political ploy by the company.
"With this new administration coming into power in the U.S., the online gambling issue will be one that will be reviewed. The likely scenario is that the current laws are changed to include legislation to regulate the online gambling industry. Microgaming might feel that by pacifying the U.S. today, they will position themselves for licensing in the future," said Bradley Strench, an online gaming analyst from the UK.
Microgaming.com is not currently up and running after it was one of the sites that was seized in the Kentucky online gambling domain name case. The company could have decided it was simply easier to move away from the U.S. market for the time being, instead of battling in American courts.
Real Time Gaming and Vegas Technologies have not made any announcement on whether they will follow Microgaming, but as of now they look to be the beneficiaries of the bold move. "I think that other software companies can really take advantage of this situation. The customers are there, it is just a matter of how much these companies want to push the envelope in America," said Strench.
Others believes that this could be the time for companies who are willing to take a chance. "With everything going on in America right now, any company who takes the stance of continuing to accept new U.S. customers could have it pay off in a big way. The government is in transition and the new regime will be focused on reform, not conviction," said Brian Avelent, a former lawyer who is now an online gaming consultant.
November 6, 2008
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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