Net Pay Casinos For more articles about online casinos see the Headlines Bookmark this portal  |   Make this portal your homepage   Search For:   Net Pay Casinos Contact Us Add Your Site Headlines Links Meat Craps Personal Finance Sports Betting Partner Finding   Net Pay Casinos - Net pay and play casinos set for further growth A major Singapore newspaper recently reported that “Two upcoming integrated resorts might make bricks-and-mortar casinos the talk of the town, but online gambling is where the bigger growth will be, according to some in the industry.” The article predicted that net pay casinos will grow at 50 to 70 per cent a year for the next five to ten years. Industry studies also said that by next year, net pay casinos players who choose the net pay option will mean revenues for casinos which have grown to $12.6 billion. "'I don't think that's unreasonable,' said Tim Levene, chief executive of an internet pay casinos investments fund. “The percentage going online to gamble is still a tiny percentage in terms of the amount the online community net pays in wagers and winnings.” Realtime Gaming, a software developer for online net pay casinos, says it has seen a 20 per cent growth for the last six years, and gross profit margins of over 36 per cent. With more than 60 clients, the company has handled over US$20 billion worth of net pay wagers over a five year period. Daniel Schultz, told the paper that “there is explosive potential for online gambling because land for hosting face-to-face gambling could be limited and expensive, whereby offering net pay casinos incurs fewer costs to the operators."   Copyright 2004 © Net Pay Casinos. All rights reserved.