Online Casinos Odds: Costa Rican Based Online Casinos Unfazed by New US Law

Online Casinos Odds
Costa Rican Based Online Casinos Unfazed by New US Law

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Online Casinos Odds - Costa Rican Based Online Casinos Unfazed by New US Law

In true laidback Latin American style, nothing seems to faze the online casinos based in Costa Rica. Despite the new anti online casino law that is due to come into effect in the United States, Costa Rican online casinos are saying that they are staying put for now and will see how the position unfolds and what the future holds for online casinos in the region.

When President George Bush signed the Unlawful Internet Gambling Enforcement Act a couple of weeks ago, the online casinos industry was immediately thrown into a panic. Those online casinos that had seen the writing on the wall had already started pulling out of US markets before the act was passed, while other online casinos announced that they would be closing their doors to US clients effective immediately. However, for those online casinos based in Costa Rica, it is business as usual.

Costa Rican based online casinos such as Bodog have issued statements saying that they are relying on the few months grace period of the act to study the situation. These online casinos believe that they still have time to develop a plan and reroute their business if need be. There are at present 200 e-gambling businesses in Costa Rica, employing as many as 10,000 people. Many online casinos in the region have already diverted much of their business to Latin American companies and Europe, in a sense dividing their gambling eggs into separate (and safer) baskets.

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