As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant regulations and limits are placed on interstate and this activity. In recent years, online video gaming has seen harsher restrictions. 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 online financial dealings from gambling service providers were now illegal which resulted in several offshore gambling operators excluding US consumers from their services.
Existing in this legal grey area, it is no more a concern of if online gambling will enter into the US market but when as well as perhaps how. As recently as this month, three claims own legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming organization in Las Vegas known 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 Gaming Association has stated that “Unless there exists 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, but it is what we’re witnessing.” This poses a lot of questions not to mention concerns for many existing commercial casinos and also American policy makers. Will legitimate online gambling mean fewer folks in brick and mortar casinos? Will https://prorusia777.com develop a new way to obtain revenue at the state and national level? What about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, former 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 could be problems with a rise in compulsive gambling. There’s particular concern regarding social media marketing in the US as some places like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making strategies to expand into online gambling to complement their real casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any other business, you’re always looking for what is another distribution channel.”