As it stands right now, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are put on interstate and this activity. Recently, online video games has seen harsher restrictions. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions which were outlawed. This meant that online financial transactions from gambling providers were now illegal which led to many offshore gambling operators excluding US consumers from their services.
Existing in this legal grey area, it is no longer a question of if online gambling will enter the US market but when and perhaps how. As lately as this month, three claims include legalized online gambling and intend to begin offering bets by the end of this year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but for now restricting it to just 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 Gambling Association has explained that “Unless there is 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, but it is what we’re viewing.” This poses a lot of questions and of course concerns for most existing commercial casinos and also American policy makers. Will legitimate online gambling mean fewer people 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 all the current good this could do to create income and revenue for specific states there may be problems with an increase in compulsive gambling. There’s particular concern regarding social media in america as some locations like Zynga have already begun taking real-money bets.
Taking in qqwin 88 and concerns, many hotel casinos are already making strategies to extend into online gambling to check their actual physical casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any business, you’re always looking for what is the next distribution channel.”