Home > Casino News > 16 Jan 2007 Major online gambling prizes given to the wagers
Recently a Hollywood producer and a poker champion proclaimed a prize of an online casino site in court. 12 million dollars were won in one tournament in the summer of 2006. Now how could the US online casino industry pay so much money? Apparently they were not that damaged by the US senate’s online gambling ban.
A short list of what the online casino companies have given to the wagers as prizes show millions of dollars’ value. 5 cars in one poker tournament, 800 dollars free entrance fee to any wager and a 3 million dollar prize – those are examples of a rather small online casino company in New York. Imagine what the entire US online casino industry gives away. The law has lowered the US casinos from the first to the 3rd industry rated in the world. Imagine the prizes listed in the top casino nation, United Kingdom!
It seems that the US online casino industry has fully recovered from this law. All financial affairs were solved and all online casino possibilities were adjusted and changed to fit the new rules and they make enough money to provide these hefty prizes too. There is still great hope for the online casino industry in the US especially with the industry enjoying such great success world-wide.
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