As it stands nowadays, individual states are free to prohibit or practice gambling within their borders while significant rules and limits are put on interstate which activity. In recent years, online video games has seen harsher regulations. With the Unlawful Net 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 dealings from gambling service providers were now illegal which led to various offshore gambling operators excluding US buyers from their services.
Existing in this legitimate grey area, it is no longer a problem of if online gambling will enter into the united states market but when and perhaps how. As just lately as this month, three says contain legalized online gambling and intend to begin offering bets by the finish of the year. Naturally, a gaming company in Las Vegas known as Ultimate Gaming was the first ever to offer online poker but also for now restricting it to just players in Nevada. New Jersey and Delaware also have legalized online gambling therefore far ten other states are considering legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Gambling Association has said that “Unless you will find a spela utan svensk licens federal bill passed, we will have the best expansion of legalized gambling in the usa. I don’t believe that’s what anyone intended, nonetheless it is what we’re finding.” This poses plenty of questions and of course concerns for most existing commercial casinos and American policy makers. Will legal 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, former chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with all the good this could do to generate income and revenue for personal states there could be problems with a rise 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 all the questions and concerns, many hotel casinos are already making programs to extend into online gambling to check their actual physical casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always looking for what is another distribution channel.”