The US Department of Justice has ruled that all forms of online gambling are not illegal according to the Wire Act of 1961. The new decision states that the Wire Act only focuses on sports betting and not casino or poker offerings. This new position brings the probability of individual states or a group of states banding together to allow online gambling in their states. It also opens up possibilities in the Industry that have not been available in a long time.
First, the states have the possibility to bring in a lot of tax revenue and some job creation based on online gambling. States that have gambling or Indian Gaming in there state should clearly be interested in pursuing intrastate online gambling 메이저놀이터 . They have a lot to gain and the possibility to balance their budgets. The question is how they will go about it.
Will they treat it like a state run lottery. Many states already have this is place. Some of the aspects of the lottery can apply to online gambling, but not much. The states would have to obtain the software, secure it, promote it and run it. They also have to regulate the payout and number generators. Not to mention, stop cheaters and provide funding for both deposits and withdrawals. The point to this is that states will be hard pressed to setup and run an operation like this. So many states would have to look at other options.
One of the options is Indian Gaming. They have many gambling establishments and probably are better suited to move in the online direction. They do have many of the same hurdles as the states and more challenges in the funding departments. Quite frankly online gambling could very much diminish their gambling profits from their brick and mortar casinos. Something they have a monopoly on for the most part. For this reason it is possible they may fight online gambling rather than participate in it.
The next logical option is the current gambling establishments. In Nevada, many have already applied for licenses for online gambling. They seem to moving in the direction of providing online gaming to Nevada. Just how far are they is uncertain, but they have the resources, the will, and motivation to make it work. They too are in jeopardy of losing revenues to online gambling. They are far more likely to participate than to fight it. They have proven they want to participate and are moving in the direction already.
The last option is current online gambling establishments. They already have the software, are currently operating, and have the funding options already in place. This positions them in the driver’s seat and gives them a potential inside track. Like the others mentioned above, they have some issues to overcome. First they are not located in the US at all. This poses a lot of problems since this is a states only initiative and they do not want to violate the Wire Act in any way. So these companies would have to set up shop in the state and operate a version of their software just for the state. Something they could pretty easily do.
In what was a very small occurrence with what may be much wider ranging implications, the Illinois State Lottery recently became the first American lottery provider to sell tickets online.
This may sound strange to non-U.S. citizens but it’s not through a lack of technological capability. The reason dates back to 1961 and the Wire Act, a piece of legislation which prohibited betting on sports events via the telephone. Until recently, uncertainty about whether this Act also restricted online casino and lottery gaming meant that no one risked breaching the law.
That was until December 2011 when the U.S. Department of Justice decided that the Wire Act only restricted sports betting online and not other activities, which include online gambling. The Illinois State Lottery was the first to offer this service and other States will surely follow.
But how does this affect the once huge market for online poker? What about blackjack and roulette? That’s a more complicated matter. These games still suffer from the effects of the Unlawful Internet Gambling Enforcement Act (UIGEA) 2006 which prohibited the transfer of money to websites offering these games.
Some states are trying to find their own routes around this legislation. While all poker fans would prefer the federal government to regulate this industry and get it back on it’s feet, currently it looks as if it will be up to the more progressive States to get the ball rolling.
Nevada is the furthest along this particular track – at one point the bricks and mortar casino industry in Las Vegas and Reno were set against online gaming, fearing their revenues would be hit. They now appear to have seen the writing on the wall and accepted that this will happen sooner or later. Consequently some have entered into partnerships with existing non-U.S. online casinos to set up the necessary infrastructure in preparation for statewide regulation.