As it stands nowadays, individual states are free to prohibit or practice gambling within their borders while significant rules and limits are put on interstate which activity. Recently, online gaming has seen harsher rules. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions that were outlawed. This meant that online financial transactions from gambling service providers were now illegal which led to numerous offshore gambling operators excluding US clients from their services slot online.
Existing in this legitimate grey area, it is no more a concern of if online gambling will enter in the US market but when and perhaps how. As lately as this month, three states have legalized online gambling and plan to begin offering bets by the finish of this year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but for now restricting it to sole players in Nevada. New Jersey 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 Game playing Association has explained that “Unless there is a federal bill passed, we will 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 experiencing.” This poses many questions and of course concerns for most existing commercial casinos and American policy makers. Will lawful online gambling mean fewer individuals in brick and mortar casinos? Will this develop a new source of revenue at the state and national level? Think about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling possesses voiced concern that with all the current good this could do to create income and revenue for specific states there could be problems with an increase in compulsive gambling. There’s particular concern regarding social media marketing in the US 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 programs to extend into online gambling to complement their actual physical casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is another distribution channel.”