Not that many online casino games put strangers against one another. In fact, I can only think of poker off the top of my head. But with the good comes the bad for the gaming industry cheating is also a big money maker for those who find ways to deceive the house. Thanks to technology, it’s getting harder to pull off. Casinos have cameras trained on every table and are always on the lookout for anything suspicious. But some people still manage to do it.
There are several threats facing the online gambling industry internationally that could disrupt its profitability, but more importantly its viability as an industry at all. The heavily regulated and highly controversial online gambling industry probably has more enemies than any other distracting digital industry in the 21st century.
Hackers are a tremendous threat to everyday society and appropriate business, but online gambling operations are at a particularly higher risk due to the fact that their businesses run so many transactions on accounts that can be compromised. Online casinos also have to worry about their own governments and politicians seeking to ban them entirely. Their reputations and risks are perfect vulnerabilities. Taxes are another issue for online gaming, as it is for many other industries. Gaming industries are another attractive target for tax legislation and political reform.
The regular casinos are wary of disruptive competition coming digital players just as many other industries are keeping their eyes peeled. The digital frontier is a game changer, but online gaming faces an increasing battle with enemies on all sides firing shots in an attempt to crash their progress in making in-roads in a regulated vice economy. Online gaming faces extraordinary obstacles making their way into a profitable industry in gaming because of a multitude of threats.