AOL enters the
online gambling business
AOL becomes the latest
U.S. company to enter the lucrative online gambling business,
still illegal in the United States.
Although running an Internet gambling business is illegal
in the United States, this does not stop the U.S. companies from
opening online gambling shops in other countries.
AOL has signed an agreement with the German-based
online betting company FLUXX to market sports betting on the
internet in the UK. AOL already has business relations with
FLUXX subsidiary JAXX UK, providing lottery to German users.
"As part of our mission to make the AOL UK portal
the premier online destination for web users and advertisers
alike, we are looking at a range of partnerships and initiatives
to drive our business forward in Europe," commented vice
president of interactive marketing for AOL Europe Michael
AOL is not the first, but only the latest
American company to enter the Internet gambling markets of other
countries, while the U.S. government has hammered laws to
prevent companies from other countries to operate in the United
States. Yahoo Inc. recently opened an online poker room
targeting U.K. citizens and a number of land-based U.S. casinos
have made attempts in the past with U.K. facing online casinos.
Published on 08/02/2007