As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant restrictions and limits are put on interstate and this activity. In recent years, online games has seen harsher regulations. With the Unlawful 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 dealings from gambling service providers were now illegal which led to many offshore gambling operators excluding US customers from their services.
Existing in this lawful grey area, it is no longer a concern of if online gambling will enter the US market but when and perhaps how. As lately as this month, three states possess legalized online gambling and intend to begin offering bets by the finish of this 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 sole players in Nevada. NJ and Delaware have also 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 Gaming Association has explained that “Unless there exists a federal bill passed, we are going to have the greatest expansion of legalized gambling in america. I don’t believe that’s what anyone intended, but it is what we’re experiencing.” This poses lots of questions and of course concerns for most existing commercial casinos along with American policy makers. Will legitimate online gambling mean fewer folks 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?
Lots of people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling offers voiced concern that with all the current good this could do to generate income and revenue for unique states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media in the US as some areas like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making ideas to extend into online gambling to check their bodily casinos. Geoffrey Stewart, general office manager of Caesars Online Poker has said “Like any other business, you’re always looking for what is the next distribution channel.” server thailand