As it stands today, individual states are absolve to prohibit or practice gambling within their borders while significant rules and limits are placed on interstate and this activity. Recently, online games has seen harsher rules. 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. This meant that online financial dealings from gambling providers were now illegal which led to several offshore gambling operators excluding US customers from their services.
Existing in this legitimate grey area, it is no longer a concern of if online gambling will enter the united states market but when and perhaps how. As recently as this month, three says 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 only players in Nevada. New Jersey and Delaware also have 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 Gambling Association has mentioned that “Unless you will find a federal bill passed, we will have the greatest expansion of legalized gambling in the usa. I don’t believe that’s what anyone intended, but it is what we’re finding.” 1Win site poses plenty of questions and of course concerns for most existing commercial casinos and also American policy makers. Will lawful online gambling mean fewer persons in brick and mortar casinos? Will this create a new way to obtain revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Lots of people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with all the good this could do to generate income and revenue for individual states there could be problems with an increase in compulsive gambling. There is particular concern regarding social media marketing in america as some places 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 develop into online gambling to check their actual casinos. Geoffrey Stewart, general supervisor of Caesars Online Poker has said “Like any other business, you’re always looking for what is another distribution channel.”