..

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

Is the FanDuel Sportsbook Available in Georgia?

Is the FanDuel Sportsbook Available in Georgia?

FanDuel is a popular online sportsbook, but it is not available to those living in Georgia.  Instead, we recommend BetUS, in business since 1994, and available to those living in Georgia.

Everything You Need to Know About the New World of Gaming

Everything You Need to Know About the New World of Gaming

Macao and Las Vegas are arguably the most famous and most popular gambling destinations in the world. Their world-encompassing persona is almost tricking outsiders into thinking that they have been embraced by their parent nations for generations. In truth, Sin City and the former Portuguese colony have been tiny exceptions in the United States and China when it comes to gambling. The real home of gambling, for decades, has been Europe. 

Sports Betting Strategy: Buying Pro Capper Picks

The typical sports bettor will try all sorts of strategies in an attempt to gain success. One strategy that bettors should strongly consider is buying pro capper picks. 

Mobile-Friendly Betting Software

Mobile-Friendly Betting Software

Technology can be a wonderful thing, and as a result, it has completely revolutionized the entire gambling industry.

5Dimes Seeks to Enter Legal New Jersey Sports Betting Market

5Dimes Seeks to Enter Legal New Jersey Sports Betting Market

The widow of deceased 5Dimes founder Sean "Tony" Creighton is seeking to obtain a sports betting license in the state of New Jersey after entering into a $47 million settlement agreement with the US feds and shutting the book down to the US market.

Syndicate