Groups like Al Qaeda may very well be using online casinos to raise money for their global Jihad, but does banning online gambling really hurt them. The answer to this question is absolutely not, it actually help them.
The way it helps them is easy to understand. Most of the money spent on online gambling was going to publicly owned British operators, but the online gabling ban passed by the American Congress put a stop to that.
Out of fear of repercussions, as soon as the law was signed these companies sold off all operations dealing with the USA, but online gambling is still going on, so now who is getting the money.
The problem with the Gambling ban is that it does not stop people from gambling online it only stops legitimate operations from getting the money and less reputable ones start getting rich.
It is these small casinos that before went mostly unnoticed, that will now be bringing in the billions that will still be wagered online.
It is also these casinos that have the best chance of being a front for AL Qaeda.
Some so called experts will tell you that this is not true and that it was thru owning shares in these publicly...