
As it stands today, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are put on interstate and this activity. In recent years, online video games has seen harsher regulations. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but rather it was online financial transactions that were outlawed. REZEKI 123 meant that online financial transactions from gambling service providers were now illegal which resulted in many offshore gambling operators excluding US buyers 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 as well as perhaps how. As lately as this month, three says contain legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming firm in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but also 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 considering legalizing it in some form or another.
Frank Fahrenkopf, president of the American Gaming Association has said that “Unless you will find a federal bill passed, we will have the greatest expansion of legalized gambling in america. I don’t think that’s what anyone intended, but it is what we’re experiencing.” 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 persons in brick and mortar casinos? Will this develop a new source of revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, ex – chairman of New Jersey’s Council On Compulsive Gambling has got voiced concern that with all the good this could do to create income and revenue for particular states there could be problems with an increase in compulsive gambling. There’s particular concern regarding social media in america as some spots like Zynga have already begun taking real-money bets.
Taking in mind all the questions and concerns, many hotel casinos are already making programs to expand into online gambling to complement their bodily casinos. Geoffrey Stewart, general manager of Caesars INTERNET POKER has said “Like any business, you’re always searching for what is another distribution channel.”