ONLINE GAMBLING Expert Interview


As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are placed on interstate and this activity. Recently, online video gaming has seen harsher restrictions. 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 online financial transactions from gambling providers were now illegal which led to several offshore gambling operators excluding US customers from their services.

Existing in this legal grey area, it is no more a concern of if online gambling will enter into the US market but when and perhaps how. As lately as this month, three states include legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but for now restricting it to sole players in Nevada. NJ and Delaware also have legalized online gambling therefore far ten other states are thinking about legalizing it in a few form or another.

Frank Fahrenkopf, president of the American Video games Association has stated that “Unless you will find a federal bill passed, we will have the best expansion of legalized gambling in the usa. indowin don’t believe that’s what anyone intended, but it is what we’re discovering.” This poses plenty of questions not to mention concerns for most existing commercial casinos and American policy makers. Will legitimate online gambling mean fewer men and women in offline casinos? Will this create a new way to obtain revenue at the state and national level? Think about taxes and regulations? An increase in gamblers?

Many people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with all the good this could do to generate income and revenue for individual states there may be problems with an increase in compulsive gambling. There is particular concern regarding social media marketing in the US as some areas like Zynga have already begun taking real-money bets.

Taking in mind all the questions and concerns, many resort casinos are already making programs to develop into online gambling to complement their bodily casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any business, you’re always looking for what is another distribution channel.”

Leave a Reply

Your email address will not be published. Required fields are marked *