As it stands today, individual states are absolve to prohibit or practice gambling within their borders while significant rules and limits are slotxo put on interstate and this activity. In recent years, online game playing has seen harsher rules. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it was online financial transactions that were outlawed. This meant that online financial dealings from gambling service providers were now illegal which led to many offshore gambling operators excluding US buyers from their services.
Existing in this legitimate grey area, it is no longer a question of if online gambling will get into the US market but when as well as perhaps how. As recently as this month, three claims have legalized online gambling and intend to begin offering bets by the end of the year. Naturally, a gaming firm in Las Vegas known as Ultimate Gaming was the first to offer online poker but for now restricting it to only players in Nevada. NJ 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 Game playing Association has explained that “Unless there exists 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 finding.” This poses lots of questions and of course concerns for most existing commercial casinos and American policy makers. Will lawful online gambling mean fewer individuals in brick and mortar casinos? Will this develop a new way to obtain revenue at the state and national level? What about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling offers voiced concern that with all the current good this could do to generate income and revenue for particular states there may be problems with a rise in compulsive gambling. There is particular concern regarding social media in the US as some locations like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making plans to expand into online gambling to complement their actual casinos. Geoffrey Stewart, general manager of Caesars Online Poker has said “Like any business, you’re always looking for what is the next distribution channel.”