The British are coming - again

The British are coming - again

With the possibility of online gambling being legalized in the U.S. still in up in the air, more British companies are stepping forward to try and make their mark stateside should a positive outcome arise, reports.

Ladbrokes, a UK online sportsbook and online casino company recently spent $3 million to acquire 65 percent of the company Stadium Technology Group (STG). The group is a Las Vegas-based operation that supplies software and betting applications to bookmakers and is currently responsible for software at the Golden Nugget and Treasure Island, two popular land-based casinos.

Landbrokes CEO Richard Glynn told the publication that he sees huge growth for STG in the future, especially online gambling is legalized.

Landbrokes' new purchase follows in the footsteps of the company's rival William Hill who reportedly spent more than $50 million last year scooping up different Vegas sports betting outlets, according to the news outlet.

Both companies are trying to get their foot in the door to be able to make a profit right away should online gambling be legalized in the United States in 2012.

Should companies be so confident that online slots games and more will be legalized in the U.S. or do you think they're jumping the gun?

Published on 31 January 2012