Regulated Online Casinos: A Sign of the Future?
As online casinos continue to face legal difficulties in the US
and in Italy, for example, relating to regulation and legality
problems, some online casinos are hoping for future regulation
and better relations with countries in the US and Europe.
One of the first online casinos in the world to be government
licensed and fully regulated is the Lasseters casino, and it has
recently undergone a brand new facelift, and remains one of the
top online casinos on the Internet today because of its policy
of constant evolution and improvement.
Lasseters is regulated by Australia and fully licensed and
perhaps can provide a good benchmark for other online casinos or
nations who are tinkering with the possibility of regulating
online casinos in the future.
Lasetters was one of the first ever online casinos, hitting the
world wide web on April 10th, 1999, and under new legislation
was licensed by the Northern Territory Government of Australia.
Online casinos are mostly based in offshore tax havens like
Antigua, and the United States Congress has recently introduced
a bill that would severely cripple online casinos, but the setup
seems to work well in Australia.
Perhaps governments and online casinos should look to the
Australian situation as a blueprint for future success. In
competing with other online casinos, Lasseters recently
announced a new site with a more luxurious feel. The casino is
now “elegant” and believes that the best way to gain a
competitive advantage over other online casinos is to provide
superior customer service and a greater experience for
The site navigation, however, remains unchanged, so regular
consumers will have no difficulty locating their favorite online
The Australian site has made a name for itself amongst online
casinos because of its innovative slots and new offering called
“Holy Divine,” which was released a little over a month ago for
Holy Divine has quickly become a favorite of the site’s patrons,
as players have doubled their interest in Holy Divine over the
site’s other games.
Other recent new games at the casino include Year of the Dog,
Lap of Luxury, Outback Adventure, and Halloween Horrors.
As an industry leader both technologically and in terms of
offering great sign up bonuses and promotions , it is clear that
this Australian site has made a great name for itself. The site
boasts “prompt payouts” and “twenty four hour customer service,
seven days a week.” But the most intriguing aspect of this
Australian giant, remains its regulation and license by the
Other internet sites will keep a close eye on their competition
but also may look to take a page out of Australia’s online
gaming and entertainment industry book, and aim to make
regulation and licensing a more viable and common option in the
future, rather than the current industry squabbles over legal
problems relating to the WTO, and mentioned at debates at the
United States House of Representatives debating room floors.