As it stands today, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are put on interstate and this activity. ufabet In recent years, online video gaming has seen harsher restrictions. With the Unlawful Web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions which were outlawed. This meant that online financial dealings from gambling providers were now illegal which led to many offshore gambling operators excluding US customers from their services.
Existing in this legal grey area, it is no more a question of if online gambling will go into the US market but when as well as perhaps how. As lately as this month, three says possess 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 to offer online poker but also for now restricting it to just players in Nevada. New Jersey and Delaware have also legalized online gambling and so far ten other states are thinking about legalizing it in a few form or another.
Frank Fahrenkopf, president of the American Game playing Association has mentioned that “Unless there exists a federal bill passed, we will have the greatest expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, but it is what we’re witnessing.” This poses lots of questions and of course concerns for most existing commercial casinos along with American policy makers. Will legal online gambling mean fewer individuals in brick and mortar casinos? Will this create a new source of revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with all the good this could do to create income and revenue for individual states there may be problems with a rise in compulsive gambling. There is particular concern regarding social media marketing in the US as some places like Zynga have already begun taking real-money bets.
Taking in mind the questions and concerns, many hotel casinos are already making strategies to broaden into online gambling to complement their actual casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any other business, you’re always looking for what is the next distribution channel.”