As it stands today, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are placed on interstate which activity. In recent years, online video games has seen harsher rules. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but instead it was online financial transactions which were outlawed. This meant that all online financial dealings from gambling service providers were now illegal which led to various offshore gambling operators excluding US customers from their services.
Existing in this lawful grey area, it is no longer a query of if online gambling will enter into the US market but when as well as perhaps how. As lately as this month, three claims include 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 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 Games Association has mentioned that “Unless there is 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 finding.” This poses plenty of questions and of course concerns for many existing commercial casinos together with American policy makers. Will lawful online gambling mean fewer men and women in brick and mortar casinos? Will this develop a new source of revenue at the state and national level? Think about Maxwin and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with all the current good this could do to generate income and revenue for unique states there may be problems with an increase in compulsive gambling. There’s particular concern regarding social media marketing in the US as some areas like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many hotel casinos are already making strategies to broaden into online gambling to complement their real casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always searching for what is the next distribution channel.”