Skip to content

ONLINE GAMBLING Adventures

As it stands nowadays, 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 rules. With the Unlawful Web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions that were outlawed. This meant that all online financial dealings from gambling service providers were now illegal which led to countless 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 recently as this month, three says have got legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming firm in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but for now restricting it to only players in Nevada. NJ and Delaware have also 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 Video games Association has stated that "Unless there exists a federal bill passed, we are going to have the best expansion of legalized gambling in america. I don't think that's what anyone intended, but it is what we're finding." This poses lots of questions not to mention concerns for most existing commercial casinos and American policy makers. Will legal online gambling mean fewer individuals in brick and mortar casinos? ยูฟ่าเบท Will this develop a new way to obtain revenue at hawaii 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 the good this could do to create income and revenue for individual states there could be problems with a rise in compulsive gambling. There's particular concern regarding social media in america as some areas like Zynga have previously begun taking real-money bets.

Taking in mind the questions and concerns, many hotel casinos are already making plans to expand into online gambling to check their actual physical casinos. Geoffrey Stewart, general office manager of Caesars Online Poker has said "Like any other business, you're always searching for what is another distribution channel."