As it stands today, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are placed on interstate and this activity. Recently, online game playing has seen harsher restrictions. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it had been online financial transactions that were outlawed. This meant that online financial transactions from gambling service providers were now illegal which led to many offshore gambling operators excluding US buyers from their services.
Existing in this legitimate grey area, it is no longer 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 claims have legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming firm in Las Vegas known as Ultimate Gaming was the first to offer online poker but for now restricting it to only players in Nevada. NJ 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 Game playing Association has explained that “Unless there exists a federal bill passed, we are going to have the greatest expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, nonetheless it is what we’re witnessing.” This poses many questions not to mention concerns for many existing commercial casinos and also American policy makers. Will legitimate online gambling mean fewer individuals in brick and mortar casinos? Will this create a new way to obtain revenue at hawaii and national level? Think about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling features 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 in america as some places like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making ideas to increase into online gambling to complement their real casinos. spadegaming Geoffrey Stewart, general manager of Caesars Online Poker has said “Like any other business, you’re always looking for what is another distribution channel.”