As it stands nowadays, individual states are free to prohibit or practice gambling of their borders while significant regulations and limits are put on interstate which activity. Recently, online gambling has seen harsher restrictions. With the Unlawful Web 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 online financial transactions from gambling providers were now illegal which resulted in numerous offshore gambling operators excluding US consumers from their services.
Existing in this lawful grey area, it is no longer a issue of if online gambling will enter into the US 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 this year. Naturally, a gaming organization in Las Vegas referred to 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 have also legalized online gambling therefore far ten other states are thinking about legalizing it in some form or another.
Frank Fahrenkopf, president of the American Games Association has mentioned that “Unless there is a federal bill passed, we are going to have the greatest expansion of legalized gambling in america. I don’t believe that’s what anyone intended, nonetheless it is what we’re discovering.” This poses lots of questions not to mention concerns for most existing commercial casinos along with American policy makers. Will legitimate online gambling mean fewer individuals in brick and mortar casinos? Will this develop a new source of revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with the good this could do to generate income and revenue for individual states there could be problems with an increase in compulsive gambling. There is particular concern regarding social media in america as some areas like Zynga have already begun taking real-money bets.
Taking in slot gacor and concerns, many hotel casinos are already making programs to increase into online gambling to check their real casinos. Geoffrey Stewart, general office manager of Caesars Online Poker has said “Like any business, you’re always looking for what is the next distribution channel.”