![]() “For years, overseas sites beyond the reach of US law enforcement have offered Internet gaming to American customers in violation of US laws,” Tom Malkasian, Vice Chairman of the Board at the Los Angeles-based Commerce Casino, told the House Financial Services Committee. It still has to be approved by both houses of Congress.Īlthough there are moral and philosophical arguments on both sides of the debate, one factor promoting legalization is that the US regulators have not made significant impact in stopping online gambling - they’ve just moved to action to foreign jurisdictions.Īccording to a recent analysis by H2 Gambling Capital, US-based gamblers have spent around $7.7 billion between 20 in overseas gambling sites. regulators are also working on new online gambling legislation - may provide an extra boost to this sector.Ī bill legalizing and regulating online gambling was approved by the House Financial Services Committee a month ago, with bipartisan support. The fact that regulators in Canada have approved online gambling - and U.S. It’s not a surprise that hese two vices are helping drive the move to a 3D Internet. Pornography and gambling helped drive the adoption of the World Wide Web. Utherverse and other proprietary platforms are not currently compatible with hypergrid, but this may change in the future. Currently, about half of all public OpenSim grids are connected via the hypergrid, allowing full teleports between different worlds. ![]() OpenSim also allows casinos to be accessible via the hypergrid. There are at least two groups currently developing casinos for the OpenSim platform - which allows a casino to be hosted on any server, anywhere in the world, just like a Website. “We anticipate a rush of development of next-generation casino games that lend themselves to the multi-player environment.” “These casinos operate according to the laws of their jurisdictions,” Shuster said. Since no cash changes hands, the Tiberius isn’t subject to regulatory oversight.īut for those who are located in jurisdictions that do allow online gambling, the Red Light Center is also home to real-money casinos, such as the Golden Palace. ![]() “Chips cannot be cashed out for anything, though they can be used to obtain virtual world properties and to send virtual gifts.” “The Tiberius Casino is a play-for-fun casino, so users play with chips,” Utherverse CEO Brian Shuster told Hypergrid Business. Brian Shuster, CEO of Utherverse Digital Inc. ![]() Utherverse’s latest offering, Tiberius Casino, is part of the Red Light Center, and offers slot machines and table games in an immersive environment. is the company behind the Red Light Center (not safe for work), which claims over 6 million registered users, and the Virtual World Web, which claims to host over 30,000 private worlds - and its marketing focuses on the adult aspects of the platform. ![]() Meanwhile, Utherverse hopes that casino operators will take a look at the platform and consider it for their casinos. While the winnings cannot be converted into cash today, that might change if a new gambling bill is able to make its way through Congress. Utherverse, a proprietary virtual world platform known for its adult content, has launched a virtual casino targeting US customers. ![]()
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