As it stands today, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are put on interstate which activity. In recent years, online games has seen harsher rules. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but rather it had been online financial transactions that were outlawed. This meant that all online financial dealings from gambling providers were now illegal which led to numerous offshore gambling operators excluding US buyers from their services.
Existing in this legal grey area, it is no more a dilemma of if online gambling will enter the US market but when and perhaps how. As recently as this month, three says include legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but also for now restricting it to sole players in Nevada. NJ and Delaware also have legalized online gambling therefore far ten other states are considering legalizing it in some form or another.
Frank Fahrenkopf, president of the American Gaming Association has explained that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, but it is what we’re witnessing.” This poses plenty of questions not to mention concerns for many existing commercial casinos in addition to American policy makers. Will lawful online gambling mean fewer persons in brick and mortar casinos? Will this create a new source of revenue at the state and national level? Think about taxes and regulations? m77 casino in gamblers?
Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling provides voiced concern that with all the good this could do to generate income and revenue for individual states there may be problems with a rise in compulsive gambling. There is particular concern regarding social media in the US as some areas like Zynga have already begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making strategies to develop into online gambling to check their actual casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always looking for what is another distribution channel.”