As it stands right now, individual states are absolve to prohibit or practice gambling within their borders while significant restrictions and limits are placed on interstate which activity. In recent years, online video gaming has seen harsher regulations. With the Unlawful Web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions that were outlawed. dominobet meant that online financial dealings from gambling service providers were now illegal which resulted in many offshore gambling operators excluding US consumers from their services.
Existing in this legitimate grey area, it is no more a problem of if online gambling will key in the united states market but when as well as perhaps how. As recently as this month, three claims have legalized online gambling and plan 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 sole players in Nevada. New Jersey and Delaware also have legalized online gambling and so far ten other states are thinking about legalizing it in some form or another.
Frank Fahrenkopf, president of the American Game playing Association has stated that “Unless there is a federal bill passed, we will have the greatest expansion of legalized gambling in the usa. I don’t believe that’s what anyone intended, but it is what we’re finding.” This poses plenty of questions and of course concerns for most existing commercial casinos and American policy makers. Will legal online gambling mean fewer persons in offline casinos? Will this create a new way to obtain revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling has got voiced concern that with the good this could do to create income and revenue for individual states there may be problems with an increase in compulsive gambling. There’s particular concern regarding social media in the US as some places like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making strategies to extend into online gambling to check their actual casinos. Geoffrey Stewart, general office manager of Caesars Online Poker has said “Like any business, you’re always searching for what is the next distribution channel.”