As bigger countries attempt to get a piece of the multibillion dollar online casino market, they may be asking for too much.  Almost every government has a level of greed, but there is big greed and little greed.  Big greed is where the trouble comes in.  The United States is planning to regulate online casinos for reasons of consumer protection as well as getting a tax revenues from very lucrative online casinos.

Online casinos have been operating out off small island nations since the very beginning.  When more influential countries like the United Kingdom finally came around there was some concern of the industry leaving their humble beginnings for bigger things.  Regulation of online casinos in the United Kingdom certainly prompted United Kingdom based operators either to return home start offering online gaming. 

It now appears these same companies no longer wish to pay the tax required to operate in the United Kingdom.  It is hard to blame them.  Why pay a 15 percent tax in the United Kingdom when simply relocating to Gibraltar will allow you to pay a 1.5 percent tax.

If the big countries really want to get involved in online casinos and take away any of the business currently enjoyed by the offshore markets, they are going to have to cut back on their demands.  That is not the answer most countries want to hear.  One of the major reasons the United States is considering online gambling regulation is to bring in extra revenue to bridge budget gaps and to jump start the economy.  They are not interested in taxing less tax from online casinos.