Listen To Your Customers. They Will Tell You All About ONLINE GAMBLING

As it stands nowadays, 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 game playing has seen harsher rules. With the Unlawful Web Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead 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 several offshore gambling operators excluding US consumers from their services.

Existing in this legal grey area, it is no longer a problem of if online gambling will enter the US market but when as well as perhaps how. As recently as this month, three says possess legalized online gambling and plan to begin offering bets by the end of the year. Naturally, a gaming firm in Las Vegas known as Ultimate Gaming was the first to offer online poker but also 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 some form or another.

Frank Fahrenkopf, president of the American Games Association has stated that “Unless there is a federal bill passed, we are going to have the best expansion of legalized gambling in the usa. I don’t think that’s what anyone intended, but it is what we’re witnessing.” This poses a lot of questions not to mention concerns for most existing commercial casinos and also American policy makers. Will legitimate online gambling mean fewer men and women in brick and mortar casinos? Will this create a new way to obtain revenue at hawaii and national level? What about taxes and regulations? An increase in gamblers?

Many people including Arnie Wexler, former chairman of New Jersey’s Council On Compulsive Gambling possesses 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 the US as some places like Zynga have already begun taking real-money bets.

n77toto Taking in mind the questions and concerns, many resort casinos are already making plans to develop into online gambling to complement their real casinos. Geoffrey Stewart, general manager of Caesars INTERNET POKER has said “Like any other business, you’re always searching for what is the next distribution channel.”

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