..

Brick and Mortar Casinos May Welcome Online Gambling

Written by:
Guest
Published on:
Oct/05/2010
Online Gambling

Things continue to slowly evolve as it pertains to the future of online gambling and online poker in the United States. About a month ago, the two prominent Los Angeles-based brick and mortar casinos came under fire from poker players from all around because of their public stance in opposition to any and all regulation that would make legalize and regulate online gambling. However, slowly but surely, some of the other casinos are starting to reverse field and are beginning to favor such legal changes.

Specifically, a report which appeared in Sunday’s New York Times indicated that a behemoth of an association that represents many land-based casinos, the American Gaming Association (AGA) is now softening their stance and beginning to embrace the reintroduction of the industry to a customer base that awaits it with open arms. The AGA represents, among others, Harrah’s Entertainment, MGM Resorts and Wynn Resorts and is starting to support such legislation made by representatives such as Barney Frank of Massachusetts. As you may recall, prior to the onset of the summer months, the long delayed bill by Frank finally garnered enough support from Congressional members and passed, potentially paving the road for previously outlawed online gaming sites to enter the US market. The change in view apparently was due in large part to Frank’s concession that those companies that had previously violated the UIGEA would not be granted re-entry. The most notable of these companies is Party Gaming, the company who until 2005 had enjoyed the distinction of being the world’s largest online poker site, a title it has since relinquished to PokerStars.

Though the exact reasoning for the seemingly sudden about-face is a bit unclear, though it is possible that such associations could be positioning themselves to potentially enter the online gaming industry themselves, a development that would give a much needed shot in the arm to an industry that has seen declining profits since the onset of the worst recession in decades.

Republished With Permission From AintLuck.com

More Poker Articles Like This...

  1. AGA Bids to Legalize Online Gaming
  2. Barney Frank to Introduce New Gaming Bill
  3. Russia Bans Casinos and Slot Machine Establishments
  4. Are Social Gaming Apps Compliant with US Online Poker Laws?
  5. Netherlands cracking down on Online Poker

Gambling News

You Need a Good Customer Service Dept for Your Pay Per Head

You Need a Good Customer Service Dept for Your Pay Per Head

Morgan Stanley discovered in a 2018 UK gambling market study that more bookies are losing customers. About half of active gamblers stated that they would close their accounts in six months. 

Bettors Fading Nick Diaz Ahead of UFC 266

Bettors Fading Nick Diaz Ahead of UFC 266

When odds for a Nick Diaz vs. Robbie Lawler II fight first opened back on July 7, “El Diablo” surfaced as a hefty, +210 underdog.

Free MLB Picks - Thursday September, 23 2021

Free MLB Picks - Thursday September, 23 2021

Today we look at the Blue Jays vs. Twins game in Minnesota and the Giants @ Padres games.

Could Clemson Really Go 0-4 Against The Spread After Week 4?

Could Clemson Really Go 0-4 Against The Spread After Week 4?

Barring an upset, the Clemson Tigers should have little trouble beating North Carolina State to go 4-0 Straight Up on the season.  But a failed cover would mean the Tigers start 2021 0-4 Against The Spread.

How to Create Your Own Sportsbook Platform

If you have an online iGaming project and you also want to expand it with sports betting, then it’s important to have high-functioning sportsbook software. Well, the aim of any gambling or betting site is to attract as many players as possible by providing them the best experience possible.

Syndicate