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	<title>Gambling News &#187; caribbean online gambling</title>
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		<title>Costa Rica&#8217;s Role in Online Gamblin</title>
		<link>http://www.casinospoils.com/news/gambling/costa-ricas-role-in-online-gamblin/122</link>
		<comments>http://www.casinospoils.com/news/gambling/costa-ricas-role-in-online-gamblin/122#comments</comments>
		<pubDate>Mon, 27 Jul 2009 00:11:25 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Gambling]]></category>
		<category><![CDATA[caribbean monopoly on online gambling]]></category>
		<category><![CDATA[caribbean online gambling]]></category>
		<category><![CDATA[Costa Rica and online gambling]]></category>
		<category><![CDATA[costa rican casinos]]></category>
		<category><![CDATA[costa rican online casinos]]></category>
		<category><![CDATA[online casinos in costa rica]]></category>
		<category><![CDATA[uigea costa rica]]></category>

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		<description><![CDATA[An article on GamblingPlanet.org (link can be found at the end of this article) suggests that when the Internet was first starting to get popular in 1990’s, at the same time Las Vegas was an extremely popular tourist spot for gamblers.  By 1995, the first online casino was created. Within one year, three online [...]]]></description>
			<content:encoded><![CDATA[<p>An article on GamblingPlanet.org (link can be found at the end of this article) suggests that when the Internet was first starting to get popular in 1990’s, at the same time Las Vegas was an extremely popular tourist spot for gamblers.  By 1995, the first online casino was created. Within one year, three online casinos were in existence and up and running. What is interesting though is that many of the customers at these online casinos were American, but none of the online casinos were based in the United States. This was due to US legislation that prohibited such activities as gambling online in the States that only continued to get worse, ultimately leading to the screeching halt of online poker and casino play in the US by the UIGEA. Since Costa Rica was close to the United States, it ended up being the choice for offshore operations by many online casino operators.</p>
<p>Today, Costa Rica is home to many online casinos and poker rooms, but the truth is that Costa Rica has had a very long history of live gambling anyway. As well, the country has a very dependable technology, knowledgeable workforce, and the most important requirement of any successful online gambling site, an online-gambling-friendly government. </p>
<p>The US government has tried to get involved in the Costa Rica online casino industry, but has ultimately failed, as Costa Rica fought back, filing arbitration with the World Trade organization, which allowed them keep their rights to online gambling.</p>
<p>Even though Costa Rica is not currently doing that well in the tourism industry, they still are banking from online gambling, and their economy is thriving because of it. For example, at least 10,000 jobs have been created due to the online gambling industry online in Costa Rica. They also have a very considerable share of the billions of dollars in revenue that the online gambling industry generates.</p>
<p>Though economic times are very unstable and uncertain right now around the world, online gambling is still a successful and thriving business with a strong foundation and unlimited potential for growth. And Costa Rica knows the importance of this industry to their well-being, as they are very committed to the cause of keeping the monopoly on online gambling in the Caribbean.</p>
<p>Resource:</p>
<p>http://www.gamblingplanet.org/news/Costa-Rica-The-online-Las-Vegas/062209</p>
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