As it stands right now, individual states are free to prohibit or practice gambling within their borders while significant rules and limits are placed on interstate and this activity. Recently, online gambling has seen harsher restrictions. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but rather it had been online financial transactions that were outlawed. This meant that all online financial transactions from gambling service providers were now illegal which led to countless offshore gambling operators excluding US consumers from their services.
Existing in this lawful grey area, it is no more a problem of if online gambling will go into the US market but when and perhaps how. As recently as this month, three states have legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming company in Las Vegas known 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 also have legalized online gambling and so far ten other states are considering legalizing it in some form or another.
Frank Fahrenkopf, president of the American Video games Association has explained 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 think that’s what anyone intended, nonetheless it is what we’re seeing.” This poses a great deal of questions and of course concerns for most existing commercial casinos as well as American policy makers. Will legal online gambling mean fewer individuals in brick and mortar casinos? Will this create a new source of revenue at hawaii and national level? Think about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling has got voiced concern that with the good this could do to create income and revenue for specific states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media marketing in america as some places like Zynga have previously begun taking real-money bets.
ufabet Taking in mind the questions and concerns, many resort casinos are already making strategies to broaden into online gambling to complement their real casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always looking for what is another distribution channel.”