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Some may describe the efforts of the Bush administration’s efforts to push online casinos out of the United States with the Unlawful Internet Gambling Enforcement Act as swimming against the tide.  Only three years after the act was passed it seems to have backfired almost completely, not to mention that there is a big push in the government to get rid of the law all together.

According Focus on the Family online casinos has been on a steady rise.  Online casinos are more stable now than ever.  It recently became incredibly evident that online casinos are in need of regulations now more than ever as revenue for online casinos and Internet gambling broke the $20 billion mark last year.

“It's amazing, because people are worried because the markets are doing so badly, except they put their money into something that gives even less return, things like Internet gambling,” said Tom McClusky.  McClusky is the Senior Vice President of the Family Research Council.

McClusky seems an uncanny parallel between the stock market and online casinos.  He believes to look at the stock market is to observe the very same lack of regulations that are need at this moment in time for online casinos and the rest of Internet gambling industry.

“People are going to gamble online, the key is for the government to realize the harm that the UIGEA is doing, and fix the problem,” explained analyst Brian Schaeffer.

“Regulation is needed to ensure that a players return at an online casino is maximized," said analyst Brian Schaeffer.”

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