In spite of the wild ride that most of them are experiencing on the stock markets, US stock brokers are big players of online casino gaming.
Record gambling bets and payouts are being made on online casino websites, with many of the big gamblers working on Wall Street.
Long considered by many as just another big casino, Wall Street contains thousands of hardened online gamblers. Compatiblepoker, an Internet resource for online gambling aficionados, recently stated that thousands of Wall Street brokers are using online gambling websites to give them an added 'high', and the stakes they play are huge.
Huge sums
Online casino websites are raking it in, and sometimes paying it out, in
a big way. They report that sites have seen many US players winning and losing
six-figure sums overnight, and on a regular basis. Many of the players are Wall
Street stock brokers and millionaires looking for a little bit of high thrills
excitement.
Gambling in the US after all
In spite of the 2006 Congress bill banning the transfer of funds from US
financial institutions to online casinos, many online casinos are still taking
US bets two years after the UIGEA (Unlawful Internet Gambling Enforcement Act)
was passed. It will be interesting to see what the eventual effect will be if legislation
will once again allow for such activity.
While many online casino sites do still operate on US territory, anyone wishing to engage in this activity should check with legal authorities to determine the legal situation in their own region.
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