In light of the recent events surrounding online wagering in america, whether it is casino poker sports gambling or bingo we are again being asked the million dollar question, is it illegal for me to gamble online if i live in the country?
The answer we give is the same as it has always been although now our position has been duplicated by the You. S. Government. The Bill that apparently made it illegal in slot gacor online 2006 did not in fact make it illegal for you to play at all but instead made it it illegal for America banks to process gaming transactions. This in itself was ineffective as many of the wagering companies did not use American banks anyway.
It absolutely did not make it an offense for an individual to play at an online casino or poker site. Given this glaring hole in the legislation even the banks struggled back claiming they should not be put in the position of policing online wagering. At the same time Sen. Barney Frank was preparing a bill to make the ban obsolete and instead do the right thing and regulate the online wagering industry.
Giving her a very timelines here are Friday 27th November 2009, Tuesday 1st December and Thursday 1 / 3 December.
Tuesday 1st December is the day the UIEGA Wagering ban was to come into force. This is to be 2 days before Sen Barney Frank was to have his Regulation Bill heard by committee on Thursday another December.
On Friday 27th November however something happened, the You. S. Government postponed the enforcement of the Wagering Ban by six months before the 1st June 2010. This can simply to be to allow the correct approach of regulation and allowing Barney Franks bill to be sent through the channels.
To look at it pragmatically everyone involved knows that online wagering in america will be legalized, regulated and taxed within the next 18 months exactly why would someone put any further pressure on an already expanded banking system for something that is overturned in that short period of time? It appears that common sense has prevailed and the road is now open for the legalization of online wagering in the united states of America.
This of course was the only course of action open to the You. S. Government and was inevitable. The question this leaves is where do the big Nevada casinos go from here? Even as have previously written the likes of MGM and Nevada Sands haven’t been exactly practical in their move towards readiness for the coming legalization.
All we can say is that our door is always open should they need any advice.
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