As it stands right now, individual states are absolve to prohibit or practice gambling of their borders while significant regulations and limits are placed on interstate which activity. In recent years, online games has seen harsher regulations. 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 dealings from gambling service providers were now illegal which led to countless offshore gambling operators excluding US consumers from their services.
Existing in this legitimate grey area, it is no more a question of if online gambling will enter the united states market but when as well as perhaps how. As just lately as this month, three states have legalized online gambling and intend to begin offering bets by the end of this year. Naturally, a gaming firm 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 have also 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 Games Association has explained that “Unless there exists a federal bill passed, we are going to have the greatest expansion of legalized gambling in america. I don’t believe that’s what anyone intended, but it is what we’re witnessing.” This poses many questions and of course concerns for many existing commercial casinos along with American policy makers. Will lawful online gambling mean fewer men and women in brick and mortar casinos? Will this create a new way to obtain revenue at the state and national level? Think about taxes and regulations? 1Win casino in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling possesses voiced concern that with all the current good this could do to generate income and revenue for personal states there could be problems with an increase in compulsive gambling. There is particular concern regarding social media marketing in the US as some locations like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making strategies to extend into online gambling to complement their physical casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any other business, you’re always looking for what is the next distribution channel.”
