Does ONLINE GAMBLING Sometimes Make You Feel Stupid?
As it stands nowadays, individual states are free to prohibit or practice gambling of their borders while significant regulations and limits are put on interstate and this activity. In recent years, online gaming has seen harsher regulations. With the Unlawful Internet 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 providers were now illegal which led to countless offshore gambling operators excluding US clients from their services.
Existing in this lawful grey area, it is no longer a concern of if online gambling will go into the united states market but when and perhaps how. As recently as this month, three claims include legalized online gambling and plan to begin offering bets by the end of this year. Naturally, a gaming organization in Las Vegas known as Ultimate Gaming was the first to offer online poker but also for now restricting it to just players in Nevada. New Jersey and Delaware have also legalized online gambling and so far ten other states are considering legalizing it in a few form or another.
REZEKI 123 , president of the American Game playing Association has mentioned that “Unless there is a federal bill passed, we are going to have the best expansion of legalized gambling in the United States. I don’t believe that’s what anyone intended, nonetheless it is what we’re viewing.” This poses a lot of questions and of course concerns for most existing commercial casinos as well as American policy makers. Will legal online gambling mean fewer people in brick and mortar casinos? Will this create a new source of revenue at the state and national level? What about taxes and regulations? An increase in gamblers?
Lots of people including Arnie Wexler, previous chairman of New Jersey’s Council On Compulsive Gambling has voiced concern that with all the current good this could do to generate income and revenue for individual states there could be problems with a rise in compulsive gambling. There is particular concern regarding social media in america as some spots like Zynga have previously begun taking real-money bets.
Taking in mind the questions and concerns, many resort casinos are already making strategies to increase into online gambling to complement their physical casinos. Geoffrey Stewart, general supervisor of Caesars INTERNET POKER has said “Like any other business, you’re always looking for what is another distribution channel.”