Online Gambling’s Gray Monday May Have More Bite Than Black Friday
More domain names and gambling operations were seized on Monday May 24th 2011, which we aptly call Gray Monday. This time the industry leaders were not the only sites seized but smaller sites also. Even more important is several different sectors in the industry were seized. There were domains seized in online poker, casinos, sports books and even bingo. This may send more of a message through the industry than Black Friday.
The online poker industry was hit hard and drastically when the three biggest players in the industry had their domain names seized. This sent a shockwave through the industry Sarangdomino and millions of poker players were left wondering what happens next. What did happen next was that the three biggest poker rooms soon left the US market and their players were left in limbo. They now had to find a new place to play and their funds were in jeopardy. Although the three poker sites worked out a deal with the Department of Justice to return the players money, no one we have talked to has received any money from them at the time this article was written.
After Black Friday, eventually things started to settle down and players found a new poker home and continued to play online. Many thought the Department of Justice had made their point and were going to let things get back to normal as much as could be. But with the action on Gray Monday the hammer came down on the industry as a whole. The shock this time is in the form of all sectors of the online gambling industry. Homeland Security made the seizures this time and the industry is in disarray. No one seems to be safe whether large or small players in the industry. It is just a matter of time to see the reactions to these seizures. Unfortunately, now we may see online gambling sites is all sectors start leaving the US market. We have seen some online sites change their domain names to an international extension as a result of these seizures. They seem to be positioning themselves to be immune from the US government actions by having these domains outside the US.
The feeling out there is that no one knows what will happen next and once again the online players may be sent scrambling again. It a watch and see attitude nowadays, but the impact could be far more reaching than Black Friday. Now it does not matter how big or small you are or what sector of online gambling you’re in, everyone can be touched by the government it seems.