As it stands nowadays, individual states are absolve to prohibit or practice gambling of their borders while significant regulations and limits are placed on interstate which activity. In recent years, online games has seen harsher regulations. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions that were outlawed. This meant that all online financial dealings from gambling providers were now illegal which resulted in many offshore gambling operators excluding US buyers from their services.
Existing in this lawful grey area, it is no more a issue of if online gambling will enter the US market but when as well as perhaps how. As just lately as this month, three states own legalized online gambling and intend to begin offering bets by the end of the 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 only players in Nevada. NJ and Delaware have also legalized online gambling and so far ten other states are thinking about legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Games Association has stated that “Unless there is a federal bill passed, we will have the best expansion of legalized gambling in the usa. REZEKI123 don’t think that’s what anyone intended, but it is what we’re witnessing.” This poses many questions not to mention concerns for many existing commercial casinos along with American policy makers. Will legitimate online gambling mean fewer men and women in offline casinos? Will this develop a new source of revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, ex – chairman of New Jersey’s Council On Compulsive Gambling provides voiced concern that with all the current good this could do to create income and revenue for particular states there could be problems with a rise in compulsive gambling. There is particular concern regarding social media marketing in america as some areas like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many hotel casinos are already making plans to develop into online gambling to check their real casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any business, you’re always searching for what is another distribution channel.”