Guaranteed No Stress ONLINE GAMBLING

As it stands today, individual states are free to prohibit or practice gambling within their borders while significant regulations and limits are put on interstate which activity. Recently, online video games has seen harsher restrictions. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it was online financial transactions which were outlawed. This meant that all online financial transactions from gambling providers were now illegal which resulted in various offshore gambling operators excluding US clients from their services.

Existing in this legal grey area, it is no more a query of if online gambling will enter into the US market but when and perhaps how. As recently as this month, three states have got legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming firm 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. NJ and Delaware have also legalized online gambling and so far ten other states are considering legalizing it in a few form or another.

Frank Fahrenkopf, president of the American Games Association has stated that “Unless you will find a federal bill passed, we are going to have the greatest expansion of legalized gambling in the usa. I don’t think that’s what anyone intended, nonetheless it is what we’re viewing.” This poses a lot of questions and of course concerns for many existing commercial casinos and American policy makers. Will legal online gambling mean fewer individuals in offline casinos? Will this develop a new way to obtain revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?

Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling features 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 is particular concern regarding social media marketing in the US as some locations like Zynga have previously begun taking real-money bets.

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