As it stands today, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are placed on interstate which activity. Recently, online gambling has seen harsher rules. ptbola.link With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it was online financial transactions which were outlawed. This meant that all online financial transactions from gambling service providers were now illegal which led to countless offshore gambling operators excluding US clients from their services.
Existing in this legal grey area, it is no more a issue of if online gambling will go into the US market but when and perhaps how. As lately as this month, three states have got legalized online gambling and intend to begin offering bets by the end of this 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 only players in Nevada. New Jersey and Delaware also have legalized online gambling and so far ten other states are thinking about legalizing it in some form or another.
Frank Fahrenkopf, president of the American Games Association has explained that “Unless there exists 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 witnessing.” This poses a great deal of questions not to mention concerns for many existing commercial casinos along with American policy makers. Will legitimate online gambling mean fewer men and women in brick and mortar casinos? Will this create a new source of revenue at the state and national level? Think about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, ex – chairman of New Jersey’s Council On Compulsive Gambling offers 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 in the US as some locations like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many hotel casinos are already making ideas to develop into online gambling to complement their real casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any business, you’re always searching for what is the next distribution channel.”