As it stands right now, individual states are free to prohibit or practice gambling within their borders while significant regulations and limits are placed on interstate and this activity. In recent years, online gambling has seen harsher restrictions. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions which were outlawed. This meant that all online financial transactions from gambling service providers were now illegal which resulted in various offshore gambling operators excluding US buyers from their services.
Existing in this legal grey area, it is no longer a concern of if online gambling will enter the US market but when and perhaps how. As just lately as this month, three claims contain legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming firm in Las Vegas known as Ultimate Gaming was the first to offer online poker but also for now restricting it to just players in Nevada. NJ and Delaware have also legalized online gambling therefore far ten other states are considering legalizing it in some form or another.
jkttogel , president of the American Video gaming Association has mentioned that “Unless you will find a federal bill passed, we are going to 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 seeing.” This poses lots of questions not to mention concerns for many existing commercial casinos and American policy makers. Will legitimate online gambling mean fewer people in brick and mortar casinos? Will this create a new source of revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with all the good this could do to create income and revenue for unique states there may be problems with a rise in compulsive gambling. There is particular concern regarding social media in america 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 strategies to extend into online gambling to check their actual physical casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is the next distribution channel.”