As it stands right now, individual states are absolve to prohibit or practice gambling within their borders while significant rules and limits are placed on interstate and this activity. Recently, online video gaming has seen harsher rules. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions that were outlawed. This meant that online financial dealings from gambling providers were now illegal which led to several offshore gambling operators excluding US consumers from their services.
Existing in this lawful grey area, it is no longer a question of if online gambling will enter the US market but when and perhaps how. As recently as this month, three says have legalized online gambling and plan to begin offering bets by the finish of the year. Naturally, a gaming firm in Las Vegas known as Ultimate Gaming was the first ever to offer online poker but for now restricting it to only players in Nevada. SuksesSlot and Delaware have also 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 said that “Unless there exists a federal bill passed, we are going to have the best expansion of legalized gambling in the usa. I don’t think that’s what anyone intended, nonetheless it is what we’re witnessing.” This poses a great deal of questions not to mention concerns for many existing commercial casinos in addition to American policy makers. Will lawful online gambling mean fewer people in offline casinos? Will this develop a new way to obtain revenue at the state and national level? Think about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling possesses voiced concern that with the good this could do to create income and revenue for particular states there could be problems with an increase in compulsive gambling. There’s particular concern regarding social media in the US as some places like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making plans to increase into online gambling to complement their actual casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always looking for what is the next distribution channel.”