Gambling News by House of Odds

Kentucky has taken control of two online casinos as part of Gov. Steve Beshear's attempt to crack down on illegal Internet gambling. Internet users in Kentucky and the rest of world now are unable to access the two casinos, highrollerslounge.com and luckypyramidcasino.com. The domain-name registration for the sites lists the Kentucky Justice Cabinet as the "registrant" or operator.

The crux Online gaming activity is set to top $24.5 billion by 2010 yet widespread global regulation of the industry has yet to take place. The online gambling industry is headquartered almost entirely outside the United States, but almost half its customers reside in the United States.