Notes

Top 25 Quotes On ONLINE GAMBLING
As it stands nowadays, individual states are free to prohibit or practice gambling within their borders while significant restrictions and limits are put on interstate and this activity. Recently, online video gaming has seen harsher regulations. With the Unlawful Web 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 countless offshore gambling operators excluding US clients from their services.

Existing in this lawful grey area, it is no longer a question of if online gambling will enter the united states market but when as well as perhaps how. As lately as this month, three states own legalized online gambling and plan 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 for now restricting it to sole players in Nevada. New Jersey 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 said that "Unless there is a federal bill passed, we will have the best expansion of legalized gambling in the usa. I don't believe that's what anyone intended, but it is what we're finding." This poses plenty of questions and of course concerns for many existing commercial casinos together with American policy makers. Will legal online gambling mean fewer individuals in offline casinos? Will this create a new way to obtain revenue at the state and national level? What about taxes and regulations? An increase in gamblers?

Many people including Arnie Wexler, past chairman of New Jersey's Council On Compulsive Gambling possesses voiced concern that with the good this could do to generate income and revenue for specific states there could be problems with an increase in compulsive gambling. There's particular concern regarding social media marketing in america as some locations like Zynga have already begun taking real-money bets.

Taking in mind the questions and concerns, many hotel casinos are already making strategies to expand 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." nohu75
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