industry in for a shake up?
A recent release about online casinos out of
Coral Springs, Florida has announced a new acquisition agreement
in the online casinos industry.
Some articles and media portrayals of online casinos and the
online casinos industry in recent weeks and months have been in
a negative light. Online casinos are floated as new stocks on
the London Stock Exchange, and investors say the industry will
soon burst. Online casinos are a bubble, detractors say. Online
casinos should be regulated, others argue. Online casinos are
illegal, some maintain. Online casinos lead to gambling
addiction, and debt, and bankruptcy. Online casinos are great
places for terrorists to launder money. Why all of this
Nevertheless, despite the negative publicity attributed to
online casinos in the media, recent news about online casinos
profiting as well as new mergers and acquisitions in the
marketplace, and new technologies and promotions, paint online
casinos in a more favorable light.
The online casinos industry is a $15 billion industry which
could become over $25 billion by the end of this decade and thus
there are many mergers and acquisitions in the competitive
FSBO Media Holdings, Inc. for example recently acquired Voyage
Media LLC and its proprietary interactive "Texas Holdem" online
poker technology. "Texas Holdem Real Deal" gaming utilizes a
real dealer, in a real casino environment dealing real cards.
The visual and physical sensations of playing against other
online gamers with actual cards dealt by an actual dealer
creates a casino environment and so gives a real sense of
comfort and undeniable confidence as the player can see first
hand a dealer shuffling and dealing out actual cards resulting
in actual, true to life gaming odds. Kevin Upton, Voyage's
managing director, said, "The real question to be asked is,
given that all other things are equal, would you rather play
with computer randomly generated, animated projections of cards
or real cards dealt by a real dealer with no artificial
randomness or intervention. The answer inevitably is the latter.
This will increase the overall market potential by bringing new
players to the table and at the same time open up a whole new
cross section of potential gamers who do not play now simply
because they lack the confidence in the available systems."
The firm’s management believes the "Texas Holdem Real Deal"
interactive poker system will capture a significant market share
of online poker with this cutting edge software and technology.
"Texas Holdem Real Deal" technology could support a migration of
players seeking a higher level of game validation through the
sense of reality afforded by the "Texas Holdem Real Deal
System." The technology could support and revamp the whole
online poker industry. The explosive international popularity of
poker and the excitement of the game that the world is watching
on television and playing on the Internet has created a
multibillion dollar industry.
Internet gambling is the fastest growing segment of the gaming
industry and continues to get bigger.