As it stands right now, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are placed on interstate which activity. In recent years, online gambling has seen harsher restrictions. With the Unlawful Web 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 transactions from gambling service providers were now illegal which resulted in numerous offshore gambling operators excluding US customers from their services.
Existing in this legal grey area, it is no longer a problem of if online gambling will enter into the united states market but when as well as perhaps how. As just lately as this month, three claims have legalized online gambling and plan to begin offering bets by the end of the year. mahjong Naturally, a gaming firm 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 Video gaming Association has said that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in america. I don’t think that’s what anyone intended, but it is what we’re finding.” This poses a lot of questions not to mention concerns for many existing commercial casinos along with American policy makers. Will legal online gambling mean fewer people in offline 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, ex – chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with all the current good this could do to generate income and revenue for specific states there may be problems with an increase in compulsive gambling. There is particular concern regarding social media marketing in america as some areas like Zynga have already begun taking real-money bets.
Taking in mind all the questions and concerns, many hotel casinos are already making ideas to extend into online gambling to check their real casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is the next distribution channel.”
