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internet gambling

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Issue:

American History

 

Written by:

James P

 

Date added:

June 24, 2016

 

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Grade:

A

 

No of pages / words:

6 / 1447

 

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The world's first virtual online casino, Internet Casinos, Inc. (ICI) commenced operation on August 18, 1995 with 18 different casino games. Most of these online gambling companies are located outside of the U.S. to avoid government prosecution. ICI operates out of the Turks and Caicos Islands (Kish, 1999)...
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One of the main reasons internet gambling started was because of costs. The value to start up an internet gambling site is around 1.5 million dollars, which is half of what it costs to actually construct a casino. ICI estimates that the company averages about a twenty four percent profit margin, versus the typical United States casino, which ranges from eight percent to sixteen percent of each dollar wagered (Kish, 1999)...
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General issues of this essay:
internet gambling Internet, Internationalisation and Customer Value Creation - The Case of Medical Information On the Internet Li & Fung: Internet Issues Valuation of an Internet based online education project Internet gambling Internet Copyright Laws Internet Gambling Internet Laws internet gambling Internet Gambling Issues of gambling emergence of the internet Internet Laws internet gambling internet gambling
 

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