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 game playing has seen harsher regulations. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but instead it had been online financial transactions which were outlawed. This meant that all online financial transactions from gambling providers were now illegal which led to many offshore gambling operators excluding US consumers from their services.
Existing in this lawful grey area, it is no longer a concern of if online gambling will enter the US market but when and perhaps how. As recently as this month, three says have legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming organization in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but also for now restricting it to just players in Nevada. NJ and Delaware have also legalized online gambling therefore far ten other states are thinking about legalizing it in some form or another.
Frank Fahrenkopf, president of the American Gambling Association has stated that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in america. I don’t think that’s what anyone intended, nonetheless it is what we’re witnessing.” 1Win jogo poses plenty of questions not to mention concerns for many existing commercial casinos together with American policy makers. Will legal online gambling mean fewer folks in offline casinos? Will this develop a new source of revenue at the state and national level? What about taxes and regulations? A rise in gamblers?
Many people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling offers voiced concern that with all the current good this could do to create income and revenue for specific states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media in the US as some areas like Zynga have previously begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making strategies to broaden into online gambling to complement their physical casinos. Geoffrey Stewart, general manager of Caesars Online Poker has said “Like any other business, you’re always looking for what is another distribution channel.”