It has been almost a year since Ultimate Poker launched the new United States online gambling industry in Nevada. The Department of Justice decided it was okay for states to offer Internet gambling, as long as it was restricted to anyone physically located within that state’s boundaries, and sports gambling was not on the table. New Jersey and Delaware followed Nevada’s lead, adding Las Vegas style casino gambling as well as virtual poker, and as of this post, those three states remain the only in the US to legally deliver cyber wagering to their residents and visitors.
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Will Christopher Walken Lose His King Of New York Title to Online Poker
In 1990, popular actor Christopher Walken portrayed a drug kingpin recently out of prison in the movie “King of New York”. Brutally wiping out his competition, he handed out much of the profits of his illegal operations in the film to the poor and lower classes of New York. With thoughts of running for Mayor, his altruistic but albeit questionable actions earned him the nickname which is also the title of the movie. Similar to the drug war that Walken successfully emerged from in the film, there is currently a battle taking place in the cyber world in the United States. Online gambling has legally returned at the state level in the USA, but most US Internet poker players currently enjoy legal offshore options. State legislators from The Big Apple are aggressively fighting for their state to become the fourth in the USA to get on board as they to strive to offer legal New York online gambling, hoping to gain control of much needed revenue which is moving out of state.
Pennsylvania Resolution SR 273 Okays Online Gambling Study
With nearby New Jersey and Delaware already on board with legalized online gambling, Pennsylvania has also decided to take a look. Pennsylvania Resolution SR 273 was approved by the state Senate, which means that state is officially going to conduct a study of Internet gambling viability. Several other states are legitimately considering passing Internet gambling laws that would allow their residents and visitors to shuffle up and deal, play some virtual slots or enjoy popular casino table games over the Internet through state licensed options, expanding the list of existing offshore legal Pennsylvania online gambling options already available. Illinois and California appear to be the front-runners in the race to become state number four in the young and slowly growing United States based Internet gambling industry.
iGaming North America 2014 – Internet Gambling Legislation a Huge Victory for US Gamblers
As reported in the Las Vegas Review Journal, important casino executives were in attendance at the iGaming North America 2014 conference which was held at the Planet Hollywood hotel casino in Las Vegas recently. Almost to a man the group of casino owners and managers called online gambling regulation in Delaware, Nevada and New Jersey a definite victory for them and their patrons. They also pointed out that the early predictions of immediate and incredible revenue didn’t come from educated industry analysts and experts. But regulation for online gambling is still seen as a huge success, as well as a breakthrough in the gambling world, which all of the iGaming board members agreed was the wave of the gambling future in America.
Proposed Bill Looks to Kill Internet Gambling in the US – Even in Those States Where It Is Legal
A current piece of legislation threatens to outlaw all Internet gambling in the United States … even in those states where it is already legal. It took several changes in legislation to deliver the current legal online gambling entity we enjoy in the United States. A Department of Justice consideration that casino and poker games should not be bound by the Unlawful Internet Gambling Enforcement Act of 2006 means that each individual US state can decide whether or not it wants to offer those forms of Internet gambling to its citizens and visitors. Actually created as a Title VIII addition to the Safe Port Act which was concerned with US port security, the UIGEA legislation now currently applies to just Internet sports gambling in the United States. But there are those legislators in the US which want to outlaw Internet gambling altogether.
Lesniak Pushing For Internet Gambling Payment Processing Regulation
Senator Ray Lesniak is in agreement with the many United States pro-online gambling analysts regarding payment processing of Internet gambling deposits. The 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) attacks primarily Internet gambling payment transactions. The law states that it is unlawful for US-based companies to handle real money transactions over the Internet which take place with the intent to use that money for Web gambling. This led to the shutdown of the three largest US Internet poker sites in 2011, and a significant departure from the Internet gambling scene by many legitimate payment processors and other US companies. Legally licensed offshore operators have fortunately filled the void, but legislators like Lesniak would prefer to see US money stay at home.
Is California Next United States Gambling Online Industry Participant?
Less than 24 hours before the session deadline for introduction of new bills in California, two pieces of legislation quickly appeared. The two proposals concerned getting online poker, and possibly other forms of Internet gambling, legalized in the Golden State. With a very historic and rich physical poker room history, California has surprisingly shot down multiple attempts in the past by both government and tribal leaders that would legalize online poker. However, there are a couple of substantial reasons to believe that these newly proposed Internet poker packages might have a decent chance of passage – government proponents and Indian tribal support.
US Gambling Online Moves to Mobile As Nine States Push for Legal Internet Gambling in 2014
United States gambling online is currently supported by just three states which have supported state-based companies for offering Internet poker. New Jersey, Nevada and Delaware all deliver the ability to shuffle up and deal online while placing real money wagers. While Delaware and Nevada also offer online casino gambling, at least nine other states are looking to legalize cyber gambling in some form. California, Colorado, Hawaii, Illinois, Iowa, Louisiana, Massachusetts, Mississippi, and Pennsylvania are all pushing to enter the United States gambling online industry in 2014, and New Jersey is pressing to add Internet sports gambling. To use roulette terminology, the online gambling wheel is spinning. And when the ball drops, mobile gaming and gambling for real money will no doubt be a large part of the picture.
How Networks and Chris Moneymaker Relate to the Historical Delaware – Nevada Online Poker Pact
What do the power of networking, telephones and fax machines have to do with the United States online gambling industry? Only everything. And where does Chris Moneymaker fit into the recent Delaware – Nevada online gambling partnership? Hopefully as a predictor of future growth. The economic concept of a network effect basically shows that products …
US Based Online Gambling Alive and Well – Banking Options Playing Catch-Up
Legally licensed offshore Internet casinos, poker rooms and sportsbooks have always offered, and continue to offer, reliable credit card account funding to US and international gamers. However, using your preferred piece of plastic to open and finance an online web casino or poker account offered by the new state-sponsored legislation in the United States is not as easy. Kudos to the usually grumpy and “no fun allowed” Department of Justice in the United States for allowing individual states to now decide their own Internet gambling destiny. Now it is up to those state legislators to cajole and incentivize financial institutions to deliver competent credit card account funding for real money Internet gaming accounts.