The us Department of Justice has overshadowed that all forms of online wagering are not illegal according to the Wire Act of 1961. The new decision states that the Wire Act only focuses on sports gambling and not casino or poker offerings. This new position brings the probability of individual states situs qq slot or a small grouping states banding together to allow online wagering 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 wagering. States that have wagering or Indian Gaming within state should clearly be interested in pursuing intrastate online wagering. They have a lot to gain and the possibility to balance their budgets. The question is how they can be about it.
Will they treat it like a state run lottery. Many states already have this is place. Some of the issues with the lottery can sign up for online wagering, but not much. The states will have to obtain the software, secure it, promote it and run it. There is also to regulate the payout and number generators. Not to mention, stop cheaters and provide funding for both deposits and withdrawals. The attachment site to this is that states will be pushed to setup and run an operation like this. So many states will have to look at other options.
One of the options is Indian Gaming. They have many wagering establishments and probably are better suited to transfer to the online direction. They do have many of the same blocks as the states and more challenges in the funding divisions. Truth be told online wagering could very much diminish their wagering profits from their offline casinos. Something they have a monopoly on for the most part. For this reason you’ll be able they may fight online wagering rather than participate in it.
The next logical option is the current wagering establishments. In Nevada, many have already applied for the required permits for online wagering. They apparently moving in the direction of providing online gaming to Nevada. 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 wagering. 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 wagering 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 alone at all. This moves a lot of problems since this is a states only gumption and they just don’t want to violate the Wire Act in any way. So these companies will 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.
The lording it over obviously opens up a lot of interesting possibilities, but which option is right will be determined at a later time if at all. The term US poker sites and US casino sites may be a thing of the past and replaced with state poker sites and state casino sites. Would it not be unusual to Google search for Nevada on-line poker sites or New york online casinos.