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 which activity. Recently, online games has seen harsher restrictions. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but rather it had been online financial transactions which were outlawed. This meant that online financial transactions from gambling providers were now illegal which led to several offshore gambling operators excluding US customers from their services.
Existing in this legitimate grey area, it is no longer a dilemma of if online gambling will enter in the US market but when as well as perhaps how. As recently as this month, three claims contain legalized online gambling and intend to begin offering bets by the end of the year. Naturally, a gaming organization in Las Vegas known as Ultimate Gaming was the first to offer online poker but 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 considering legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Gaming Association has explained that “Unless there is a federal bill passed, we are going to have the best expansion of legalized gambling in america. I don’t think that’s what anyone intended, nonetheless it is what we’re witnessing.” This poses a great deal of questions and of course concerns for many existing commercial casinos in addition to American policy makers. Will legitimate online gambling mean fewer people in brick and mortar casinos? Will Ringbet88 develop a new way to obtain revenue at hawaii and national level? Think about taxes and regulations? An increase in gamblers?
Many 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 create income and revenue for unique states there may be problems with an increase in compulsive gambling. There is 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 strategies to broaden into online gambling to complement their physical casinos. Geoffrey Stewart, general manager of Caesars INTERNET POKER has said “Like any other business, you’re always searching for what is another distribution channel.”