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 video games has seen harsher restrictions. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it had been online financial transactions which were outlawed. This meant that online financial transactions from gambling service providers were now illegal which led to many offshore gambling operators excluding US customers from their services.
Existing in this legal grey area, it is no longer a concern of if online gambling will go into the united states market but when and perhaps how. As lately as this month, three says include legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming organization in Las Vegas known as Ultimate Gaming was the first to offer online poker but also for now restricting it to sole 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 games Association has said that “Unless there exists a federal bill passed, we will have the best expansion of legalized gambling in america. I don’t believe that’s what anyone intended, but it is what we’re witnessing.” This poses plenty of questions not to mention concerns for most existing commercial casinos as well as American policy makers. Will lawful online gambling mean fewer individuals in brick and mortar casinos? Will this create a new source of revenue at hawaii 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 good this could do to create income and revenue for unique states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media marketing in the US as some locations like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making plans to extend into online gambling to check their bodily casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any other business, you’re always searching for what is another distribution channel.”