Never Suffer From ONLINE GAMBLING Again


As it stands today, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are put on interstate which activity. Recently, online gambling has seen harsher regulations. With the Unlawful Internet 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 transactions from gambling providers were now illegal which resulted in several offshore gambling operators excluding US clients from their services.

Existing in this legitimate grey area, it is no longer a problem of if online gambling will go into the US market but when and perhaps how. As lately as this month, three says have legalized online gambling and plan to begin offering bets by the end of this year. situstoto Naturally, a gaming firm 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 thinking about legalizing it in a few form or another.

Frank Fahrenkopf, president of the American Games Association has explained that “Unless there is a federal bill passed, we will have the greatest expansion of legalized gambling in america. I don’t think that’s what anyone intended, nonetheless it is what we’re experiencing.” This poses many questions not to mention concerns for many existing commercial casinos as well as American policy makers. Will lawful online gambling mean fewer men and women in brick and mortar casinos? Will this develop a new source of revenue at the state 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 has voiced concern that with all the current good this could do to create income and revenue for individual states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media marketing in the US as some places like Zynga have already begun taking real-money bets.

Taking in mind the questions and concerns, many hotel casinos are already making plans to extend into online gambling to complement their physical 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.”