As it stands nowadays, individual states are free to prohibit or practice gambling of their borders while significant regulations and limits are put on interstate and this activity. Recently, online gaming has seen harsher rules. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions that were outlawed. This meant that all online financial transactions from gambling providers were now illegal which resulted in countless offshore gambling operators excluding US customers from their services.
ptbola Existing in this legitimate grey area, it is no more a question of if online gambling will enter in the united states market but when and perhaps how. As lately as this month, three states contain 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 ever to offer online poker but for now restricting it to just players in Nevada. NJ and Delaware have also legalized online gambling and so far ten other states are considering legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Video games Association has explained that “Unless there is 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 experiencing.” This poses lots of questions and of course concerns for most existing commercial casinos as well as American policy makers. Will legal online gambling mean fewer men and women in brick and mortar casinos? Will this develop a new way to obtain revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling has got voiced concern that with all the current good this could do to generate income and revenue for particular states there could be problems with an increase in compulsive gambling. There is particular concern regarding social media marketing in america as some places like Zynga have previously begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making strategies to grow into online gambling to complement their physical casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always searching for what is the next distribution channel.”