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As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant restrictions and limits are put on interstate which activity. Recently, online gambling has seen harsher regulations. With the Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA), it was not explicitly banned but instead it had been online financial transactions which were outlawed. This meant that online financial transactions from gambling service providers were now illegal which resulted in several offshore gambling operators excluding US clients from their services.
Existing in this legitimate grey area, it is no longer a question of if online gambling will go into the united states market but when and perhaps how. As lately as this month, three states have got legalized online gambling and intend to begin offering bets by the finish of this year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first ever to offer online poker but also for now restricting it to only players in Nevada. NJ and Delaware also have 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 Gaming Association has mentioned 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 think that's what anyone intended, but it is what we're discovering." This poses plenty of questions and of course concerns for many existing commercial casinos and American policy makers. Will lawful online gambling mean fewer individuals in offline casinos? Will this develop a new source of revenue at the state 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 offers voiced concern that with all the good this could do to generate income and revenue for specific states there may be problems with an increase in compulsive gambling. There's particular concern regarding social media in the US 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 grow into online gambling to complement their actual casinos. obor138 Geoffrey Stewart, general manager of Caesars Online Poker has said "Like any other business, you're always searching for what is the next distribution channel."