As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are placed on interstate which 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 all online financial dealings from gambling service providers were now illegal which resulted in many offshore gambling operators excluding US customers from their services.
slot online Existing in this legitimate grey area, it is no more a question of if online gambling will enter into the united states market but when and perhaps how. As recently as this month, three states include legalized online gambling and intend to begin offering bets by the end of the year. Naturally, a gaming firm in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but also for now restricting it to only players in Nevada. NJ and Delaware also have 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 Gambling Association has said that “Unless there is 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 finding.” This poses lots of questions not to mention concerns for many existing commercial casinos and also 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? Think about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, ex – chairman of New Jersey’s Council On Compulsive Gambling offers voiced concern that with the good this could do to generate income and revenue for individual states there may be problems with an increase in compulsive gambling. There is particular concern regarding social media in the US as some spots like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many hotel casinos are already making ideas to grow into online gambling to complement their real casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any other business, you’re always searching for what is another distribution channel.”