Costa Rican Online Gambling Industry Challenged

Published Monday, December 30, 2013 -
Costa Rican Online Gambling Industry Challenged

Costa Rica is a prime example of the way things can go downhill when too many cooks start to ruin the broth. The recent movie ‘Runner Runner’ is set in Costa Rica where online scams have become a common experience perpetrated by unethical fraudsters who seem to get away with the bag of loot without anyone noticing. The sad truth is that most of these dishonest carpet baggers never do get caught and rarely are forced to face the consequences of their actions.

Gambling operations capitalize on the fact that they are illegal allowing those that have sent money no recourse through the courts. Most of these scam operators will not be brought to trial in Costa Rica, but there are still instances when vigilante justice occurs.

Costa Rica is an open book when it comes to the online gambling industry. It is allowed and it is permitted but the times are changing and the completion has become ruthless. Making a living or setting up a business in Costa Rica is not easy or cheap. Online poker rooms, internet casinos and sports books in Costa Rica are part of an industry that began in the late 20th century and saw its heyday circa 2006.

This multimillion dollar industry lives partially in the shadows for various reasons; the most important being the constant pressure applied by law enforcement and prosecutors from the United States. After more than a decade of lucrative turbulence, however, the online gambling industry in Costa Rica is starting to show signs of strain.

The early years of the 21st century were essentially the golden age of online gambling in Costa Rica. Sports bookies and poker entrepreneurs from the U.S. were delighted to be able to operate in relative freedom and in a cultural ambiance that was not that far removed from their country. In 2011, the Black Friday raids on the remaining online poker brands in Costa Rica were the last straw for many players and insiders.

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