There are certain parallels--the buying up of various outfits by LFP--but the porn industry is way more accessible than legal gambling and will be that way until legislation decides otherwise.

Low cost cameras mean that the consumer has become the producer and increasingly is shooting what he or she wants to see, rather than what the market requires. That's why we're seeing wholesale unit prices of six bucks and enough porn released every month to build a new Hoover dam.

Once delivery methods move away from 'hard' to 'soft' and IPTV takes over, things might change. But don't hold your breath.