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Running head: CASE STUDY IV: INTERNET GAMBLING
CASE STUDY IV:
Internet Gambling
May 6, 2006
This document will inform you about the history of internet gambling, the existing issues, and a number of concerns involved with online gambling. Prior to the launching of the World Wide Web in 1993 which changed the setting of gambling, people had to travel great distances to gamble. 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). 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,......
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Title: Internet Gambling
Approximate Word Count: 1442
Approximate Pages: 6 (250 words per double-spaced page)
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Internet Gambling
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