Legalised Online Gambling In the US Takes A Little Step Forward

[BettorsChat]

Although the recent seizure of domains from top online poker sites sent shivers down the spines of poker players throughout the world, it does seem that we are a little closer to legalised online gambling in the US. Poker Stars, Full Tilt, Absolute and Ultimate Bet have now withdrawn from the US market whilst Washington DC is set to become the very first area of the US to allow online gambling. It now seems clear that other states will follow with perhaps Nevada being the first. Possibly within the next month or so, for the very first time, we will witness legal and regulated online gambling games being played in Washington.

For now UK gambling operators will not be able to offer their services in America. Washington DC for example will have their own online gambling systems run by a Greek company. It seems for now that when other states legalise online gambling they will take the same approach freezing out UK online gambling operators from muscling in on their new lucrative market.

Online gambling is one of the most profitable businesses with future growth predicted for many years to come. Will the states that introduce online gambling really restrict themselves to simply generating revenue from their state alone? Here at Bingo Wonga we believe that in years to come Us based sites will be the market leaders, perhaps backed by UK gambling operators. It’s going to take some time, perhaps even years, but in years to come UK bingo players will be able to play alongside US players.

http://www.bingowonga.com/bingonews/...-step-forward/

[ToDaClub]

LAS VEGAS — The indictments that led to three major online poker companies shuttering U.S. operations have provided an opening for American casinos to cash in on an industry worth an untold billions of dollars.


Casinos want to fill the void created by the crackdown to create their own online poker sites should the game become legal in the U.S., giving them tens of thousands of potential consumers who have seen their pastimes and livelihoods eliminated by the prosecutions.


Their argument: Americans are playing poker online despite attempts to stop them, so why not allow legitimate casinos to offer the game? They also argue that governments could clearly use tax revenue from poker games.


The push has gained momentum in the last week after billionaire casino mogul Steve Wynn and his counterpart at Caesars Entertainment Corp. spoke out in favor of clarifying federal laws to explicitly allow Internet poker.


Their advantage — if lawmakers ultimately see things the same way — is that it's unlikely PokerStars, Full Tilt Poker and Absolute Poker will be allowed back into the U.S. market while their executives face allegations of bank fraud, money laundering and running illegal gambling businesses.


Caesars CEO Gary Loveman told The Associated Press after penning an op-ed on the subject this week that the timing is right for casinos to publicly make their push.


“Our industry has to modernize itself in a way that allows its services to be provided electronically and not in these massively expensive brick-and-mortar facilities,” Loveman said. “To speak to a younger audience, this is increasingly necessary