But Australia is determined to become the cyber casino capital of the world and has already set up its first fully regulated, government backed gambling Website. The Australians hope to convert that vice into a global business virture and cash in on the new Internet gambling trend which is estimated to be worth billions. We are not focused on the Australian market. The Internet is a global market and we are really looking at the international market.
Virtual reality gambling Traditional games like roulette and blackjack are already online.
But for a generation more at home with a mouse or a keyboard, the future is in virtual reality gaming, that is fully interactive and can generate huge funds. The challenge is to kill the monsters, to find the clues and ultimately wipe out the other parties and get the treasure chest. Government first Other gambling sites on the Web are mainly operated out of islands in the Caribbean. What sets the Australian site apart is that it is being sanctioned and regulated by the Northern Territory government. The Government insists its involvement will mean greater safeguards for gamblers.