As it stands right now, individual states are absolve to prohibit or practice gambling of their borders while significant regulations and limits are placed on interstate and this activity. In recent years, online gambling has seen harsher restrictions. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it had been online financial transactions that were outlawed. This meant that online financial dealings from gambling service providers were now illegal which led to several offshore gambling operators excluding US buyers 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 and perhaps how. As recently as this month, three claims contain legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming company in Las Vegas known as Ultimate Gaming was the first ever to offer online poker but also for now restricting it to only players in Nevada. New Jersey and Delaware have also legalized online gambling therefore far ten other states are considering legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Video games Association has stated that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in the usa. I don’t think that’s what anyone intended, nonetheless it is what we’re finding.” This poses many questions and of course concerns for most existing commercial casinos along with American policy makers. Will legitimate online gambling mean fewer people in brick and mortar 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?
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 is particular concern regarding social media marketing in america as some locations like Zynga have previously begun taking real-money bets.
pd12 Taking in mind all the questions and concerns, many hotel casinos are already making programs to extend into online gambling to check their actual physical casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any other business, you’re always searching for what is another distribution channel.”