E-Business and Gambling

Paper Summary:

The paper discusses the overall characteristics of e-commerce and relates e-commerce to the gambling industry. More specifically, the paper examines the relationship between e-commerce and online gambling and the impact that e-commerce has had on essentially creating this industry segment. The consumer profile is examined for this industry and future predictions for the industry are made relative to e-commerce influences.

From the Paper:

"Corporations the world over have utilized e-business or some aspect of electronic commerce (e-commerce) to either act as their sole business model or to enhance the productive performance in some way of their existing traditional business models. E-commerce might be considered as a type of business transaction where the parties to the transaction conduct their commerce electronically where electronically has come to be associated primarily with the Internet (Epstein, 2004, pp.17-24). Yet, technically speaking, e-commerce could just as well be considered to be transacted by phone, fax, or other electronic form of media."

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