As it stands today, individual states are free to prohibit or practice gambling of their borders while significant regulations and limits are placed on interstate which activity. In recent years, online game playing 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 dealings from gambling service providers were now illegal which led to various offshore gambling operators excluding US clients from their services.
Existing in this legitimate grey area, it is no more a concern of if online gambling will go into the US market but when as well as perhaps how. As recently as this month, three claims own legalized online gambling and intend to begin offering bets by the finish of the year. Naturally, a gaming organization 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. wukong138 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 Games Association has explained that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in america. I don’t believe that’s what anyone intended, nonetheless it is what we’re viewing.” This poses plenty of questions and of course concerns for most existing commercial casinos and American policy makers. Will legal online gambling mean fewer people in brick and mortar casinos? Will this develop a new way to obtain revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling possesses voiced concern that with all the good this could do to generate income and revenue for individual states there may be problems with a rise in compulsive gambling. There’s particular concern regarding social media in america as some areas like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making programs to expand into online gambling to check their real casinos. Geoffrey Stewart, general office manager of Caesars Online Poker has said “Like any other business, you’re always searching for what is the next distribution channel.”