As it stands today, individual states are absolve to prohibit or practice gambling of their borders while significant regulations and limits are put on interstate which activity. In recent years, online video games has seen harsher restrictions. With the Unlawful Web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but rather it was online financial transactions that 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 legitimate grey area, it is no more a problem of if online gambling will go into the US market but when as well as perhaps how. As lately as this month, three claims contain legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming organization in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but also for now restricting it to just players in Nevada. New Jersey and Delaware have also legalized online gambling therefore far ten other states are considering legalizing it in some form or another.
Frank Fahrenkopf, president of the American Video games Association has said that “Unless there exists a federal bill passed, we are going to have the greatest expansion of legalized gambling in the usa. I don’t believe that’s what anyone intended, nonetheless 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 lawful online gambling mean fewer individuals 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? A rise in gamblers?
Many people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with the good this could do to generate income and revenue for particular states there could be problems with a rise in compulsive gambling. There’s particular concern regarding social media marketing in the US as some spots like Zynga have already begun taking real-money bets.
Taking in dominobet and concerns, many resort casinos are already making strategies to grow into online gambling to complement their bodily casinos. Geoffrey Stewart, general manager of Caesars Online Poker has said “Like any business, you’re always looking for what is the next distribution channel.”