As it stands today, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are put on interstate and this activity. In recent years, online gaming has seen harsher rules. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions which 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 consumers from their services.
Existing in this lawful grey area, it is no more a query of if online gambling will enter the US market but when and perhaps how. As lately as this month, three claims have legalized online gambling and intend to begin offering bets by the end of this year. Naturally, a gaming organization in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but also for now restricting it to just players in Nevada. New Jersey and Delaware have also legalized online gambling and so far ten other states are thinking about legalizing it in some form or another.
colowin , president of the American Games Association has stated that “Unless you will find a federal bill passed, we will have the greatest expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, but it is what we’re witnessing.” This poses a lot of questions and of course concerns for many existing commercial casinos in addition to American policy makers. Will lawful online gambling mean fewer individuals in brick and mortar casinos? Will this create a new source of revenue at the state and national level? What about taxes and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with all the good this could do to generate income and revenue for particular states there could be problems with a rise in compulsive gambling. There is particular concern regarding social media marketing in america as some spots like Zynga have already 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 check their actual casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is the next distribution channel.”