Taiwain To Build Land Based Casinos

Unibet betting latest gambling news review: If you cast an eye over to the place where Stars and Stripes often flaps about in the wind, you will see an online gambling marketplace that is starting to slowly emerge from the chrysallis to which it dove into, after the Unlawful Internet Gambling Enforcement Act (UIGEA) was signed by George Bush back in 2006.

The latest state to pass legislation is New Jersey, and when it signed it’s new online bill back in February 2013, it became the biggest of the three states to open its doors to those who wanted to gamble from the safety of their own homes.

But there is a caveat to the online bill that Gov. Chris Christie signed when it comes to the operators of the online casinos: you had to be an owner of a land-based Atlantic City casino if you wanted to take advantage of the new ruling.

The fastest-growing gambling market is Asia, with Macau overtaking Las Vegas as the gambling capital of the world. Mainland China still doesn’t allow real-money gambling, but the tiny island of Taiwan is moving in the right direction as it recently approved draft legislation to build the nations first brick and mortar casinos. The latest news comes just ten months after the residents of the Matsu Islands became the first Taiwanese jurisdiction to approve a referendum that would allow an integrated resort-casino. Transportation minister Ye Kuan-shih said that there are ‘two or three’ developers who are considering a Taiwan casino bid.

When you consider the approach that New Jersey has taken, the gambing industry may see more online operators bidding for land-based casinos, in order to gain a foothold in any potential future online market. Will tiny Taiwan be next? Only time will tell.