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 which activity. Recently, online video gaming has seen harsher restrictions. With the Unlawful World wide web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions which were outlawed. m77 casino meant that all online financial dealings from gambling providers were now illegal which resulted in numerous offshore gambling operators excluding US buyers from their services.
Existing in this legal grey area, it is no longer a problem of if online gambling will get into the US market but when and perhaps how. As recently as this month, three says have legalized online gambling and intend to begin offering bets by the end 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. New Jersey and Delaware have also 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 said that “Unless you will find a federal bill passed, we are going to 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 experiencing.” This poses many questions and of course concerns for many existing commercial casinos along with 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 the state and national level? Think about taxes and regulations? An increase in gamblers?
Many people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling has got voiced concern that with all the good this could do to generate income and revenue for unique states there may be problems with a rise in compulsive gambling. There’s particular concern regarding social media in the US as some places like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making ideas to broaden into online gambling to complement their actual physical casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any other business, you’re always searching for what is the next distribution channel.”