As it stands right now, individual states are absolve to prohibit or practice gambling within their borders while significant restrictions and limits are placed on interstate which activity. Recently, online gambling has seen harsher restrictions. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but instead it was online financial transactions which were outlawed. This meant that online financial transactions from gambling service providers were now illegal which led to countless offshore gambling operators excluding US consumers from their services.
iconwin Existing in this legitimate grey area, it is no longer a question of if online gambling will enter the united states market but when as well as perhaps how. As recently as this month, three states own legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming company in Las Vegas known as Ultimate Gaming was the first ever to offer online poker but for now restricting it to just players in Nevada. NJ 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 Gambling Association has explained that “Unless there exists a federal bill passed, we will have the best expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, nonetheless it is what we’re discovering.” This poses many questions and of course concerns for many existing commercial casinos and American policy makers. Will legal online gambling mean fewer individuals in offline casinos? Will this create a new source of revenue at the state and national level? Think about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, ex – chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with the good this could do to generate income and revenue for personal states there could be problems with a rise in compulsive gambling. There is particular concern regarding social media marketing in america as some places like Zynga have previously begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making ideas to grow into online gambling to complement their bodily casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any other business, you’re always searching for what is the next distribution channel.”