If 2006 was the year of the apocalypse for the online casino industry, it can very well be argued that 2007 was the year of resurgence and 2008 was the year of the apocalypse being echoed. Online casinos were subject to some of the most biased press scrutiny and coverage imaginable in 2008 and because of that many of them ended up giving up on the US market and just packing up and leaving. This made many Americans uncertain as to the future of the online casinos in their country, an uncertainty that was made all the more poignant by the decisions of the outgoing Bush Administration to crack down on the online gambling industry.
That having been said however, the online gambling industry heaved a collective sigh of relief when on the first day of taking office, Barack Obama had his chief of staff Rahm Emmanuel issue orders to all government agencies to halt the implementation of regulation or deregulation that had been ordered by the Bush Administration. Part of this regulation halting was of course halting the draconian measures the Bush Administration had taken in an attempt to destroy online gambling before leaving office and for that reason, the online gambling industry is already starting to believe that the Obama Administration will have quite a different tone when it comes to online gambling than its predecessor administration did.
Whether or not this is true, one thing that transcends the partisan battles in Washington DC is the performance of online casinos in early 2009. That performance is still top notch to the point that online casinos were one of the few industries that were able to pull their same weight in 2009 as they did in 2008. Many of the other industries are continuing to lose amidst the financial chaos that is going on within the country and for that reason online casinos appear to still be going strong and will continue to remain strong well into the 2009 calendar year. If this is in spite of the US government attempting to crack down on them, one can only wonder what heights online casinos would be able to reach if they were unhindered by the government and were instead able to work together with the government in order to expand this newly created industry of online gambling.
In short, people that might have been worried about online casinos in 2008 do not need to fear anything at the current moment in time. With Bush Administration policy halted, online casinos still going strong and a general feeling of the bad times having passed, it appears as though online gambling as an industry is doing just fine.
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