Mobile Smart Phone Payments to Merge With Legalized Online Gambling in the Future

December 20, 2021 by No Comments

If you want to predict the future you need to study all the forward progression in multiple technologies and venues. This is something that I do. Now then, it should be quite evident to anyone who is watching that 2012 will be the year of mobile smart phone payments. In fact, it’s already starting, where people can order a Starbucks cup of coffee from their iPhone while they are in line and pay with their rewards prepaid Starbucks Gold Card, via their mobile phone.

And there are other big players getting involved such as Google, Citigroup, and most of the online social networks. Soon you will be able to use your smart phone and the SIMS card inside to verify who you are and make payments at the cash registers just by waving your phone over a scanner DominoQQ . You will also be able to buy items from vending machines, and in some places you can already do this with your cell phone. Another thing I see on its way has to do with the merging of mobile smart phone payments with online gambling.

Today, almost everywhere the United States online gambling is illegal, but that will soon be changing. In fact some of the major casinos in the United States, and in other places around the world are investing in online gaming sites, some of these sites have tens of thousands of users and players.

There was an interesting article the other day in the Wall Street Journal on March 31, 2011 titled “Web Poker Plays a New Hand – Casino Owners Team up with Online Gaming Sites to Legalize Internet Gambling,” by Alexandra Berzon.

In the article it made mention of Steve Wynn Resorts and Casinos, which has invested in some online gaming sites. With that sort of money and political clout behind online gaming, it is only a matter of time before it is legalized. Perhaps it will be legalized first for those players who reside in Nevada, but eventually it will be legalized everywhere and taxed.

Many states need additional tax revenue, so you can be sure they will be considering this. Even though the State of New Jersey had the online gambling bill which was introduced and finally vetoed by the governor, it’s only a matter of time until they give in as well.

Now then, in the future we will probably see kiosks where you can pass your phone over a scanner and then sit down to begin playing. I would suspect that these sorts of things will happen at international airports in the free trade area. And eventually they will be perhaps at bus stops, coffee shops, and other places where people sit down for a while and relax.

The popularity of online gambling has increased two fold every year for the past several years. Despite government efforts to ban or control it online gambling continues to grow, total revenue estimates are hard to come by but some projections show that by 2010 total online gambling revenue will exceed 10 billion U.S dollars.

There are many reasons for continued growth just the increasing ease of access, the ability to transfer funds in different currency, the public interest in poker and tournaments that are televised have exploded the number of online poker sites and online casinos. The games have evolved into downloadable and flash games with great graphics plenty features and you can control denominations and types of games with ease. They are even available to Blackberrys and other remote hand held devices and will soon be available on cell phones. With the added benefit of playing just for fun if you want allows for hours of play and practice without risk of losing. Almost every online casino offers some sort of bonus or comps benefits some even offer hours of free play where you can keep the winnings.With out the overhead of land based casino most of the online gambling casino can offer higher percentage payouts, and will continue to flourish in the future with new technology evolving.

The online gambling industry have made great gains in becoming reputable and weeding out unscrupulous operators most of the good online gambling casinos are regulated by gaming commissions and certified RNGs (random number generators). They have a complaints departments and take player and affiliate complaints serious which they investigate, post bad operators on blacklisted web sites for people to see and avoid those sites.

Thank goodness for the UK! During a time when many countries are taking away their citizen’s ability to game online the United Kingdom is making it easier. The United Kingdom revised its gambling law from 1968 and now it is so much more open than it used to be. People all over the United Kingdom are happy with the changes because now they can play the casino games that they love where and when they like.

Online casinos are a great place for those that live in the United Kingdom because if you are over 18 you can go to any gaming website and you can have a good time. It doesn’t matter what you would like to play or what website you are interested in playing, you will not have the experience of being blocked when you try to create an account with one of these casinos on net.

If you have lived in a country where you cannot participate in online casino gaming you know how frustrating it can be to create an account with one of these casinos and then find out that your access has been denied because your country does not allow for online gambling.

The problem is that even when countries ban online casinos it still occurs and the country has to exhaust a lot of its resources to catch people and bring them to justice for breaking the laws. Doesn’t it just make more sense to allow it?

The United Kingdom has been smart about allowing it. The reason for this is that they did not just open the gates and tell their citizens to go play. Instead, they have started to license companies themselves so that they can try to regulate the net casino industry as much as possible. The money that has come in as a result is just unreal and it is benefiting the government and everyone is getting what they wanted out of the deal.

The great thing about the United Kingdom gambling law is that they have opened the doors for other countries, such as Italy, to make casinos on web available to the citizens there as well. The outline that they created has been working well for the UK and it has also proved to be very effective for Italy, who went from banning the practice to profiting from it in a big way.

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