As it stands today, individual states are absolve to prohibit or practice gambling within their borders while significant regulations and limits are placed on interstate and this activity. Recently, online gaming has seen harsher restrictions. With the Unlawful Net 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 all online financial dealings from gambling providers were now illegal which resulted in numerous offshore gambling operators excluding US clients from their services.
Existing in this legal grey area, it is no more a concern of if online gambling will get into the US market but when as well as perhaps how. As just lately as this month, three says own legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming company in Las Vegas known as Ultimate Gaming was the first to offer online poker but for now restricting it to sole players in Nevada. New Jersey and Delaware also have legalized online gambling therefore far ten other states are thinking about legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Video games Association has mentioned that “Unless you will find a federal bill passed, we will have the greatest expansion of legalized gambling in the usa. I don’t believe that’s what anyone intended, but it is what we’re finding.” This poses many questions not to mention concerns for many existing commercial casinos and also American policy makers. Will lawful online gambling mean fewer individuals in brick and mortar casinos? Will this create a new way to obtain revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with the good this could do to generate income and revenue for particular states there may be problems with an increase in compulsive gambling. There’s particular concern regarding social media marketing 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 extend into online gambling to complement their real casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is another distribution channel.” angkaraja