The Future of Online Casinos
By George Oates, Nov 10th 2006There are various reports, showing that more and more online casino companies are holding off bets from the United States, and such tendencies could come as a welcome sign for online casino opponents, but similarly it could also prove to be advantageous for the online casino industry itself.
The strategy is that by falling in line with current U.S. policy, these online casinos can win over U.S. legislators or show that they are willing to follow U.S. laws and thus more than able to work with federal authorities. There are a lot of persons in the world that find unfair the fact that online casino companies can call upon Washington to change its views toward online gambling while so cavalierly flouting U.S. policies regarding online casino gambling.
The old 1961 Wire Act did not specifically refer to online casino gambling, due to the fact that the internet did not exist at that time.
With all this in mind, the Wire Act has been interpreted to apply to modern technologies such as the internet, so even if there does not exist an official law, on the books banning online casino gambling, the Justice Department still has a legal basis to work with.
The fact that the CEO of Bet on Sports David Carruthers was arrested, and that a bill was passed in the U.S., there are several house of Representatives, that are slightly indicating that America is clamping down on online casino gambling for good. This cold be the real fact, but there is also the chance that the U.S. government is seeking to restore some balance and uphold its own policies with respect to online casino gambling. All these debates, will have a final word, and you can likely bet on it at online casinos or sports books just not if you live in the U.S.
The strategy is that by falling in line with current U.S. policy, these online casinos can win over U.S. legislators or show that they are willing to follow U.S. laws and thus more than able to work with federal authorities. There are a lot of persons in the world that find unfair the fact that online casino companies can call upon Washington to change its views toward online gambling while so cavalierly flouting U.S. policies regarding online casino gambling.
The old 1961 Wire Act did not specifically refer to online casino gambling, due to the fact that the internet did not exist at that time.
With all this in mind, the Wire Act has been interpreted to apply to modern technologies such as the internet, so even if there does not exist an official law, on the books banning online casino gambling, the Justice Department still has a legal basis to work with.
The fact that the CEO of Bet on Sports David Carruthers was arrested, and that a bill was passed in the U.S., there are several house of Representatives, that are slightly indicating that America is clamping down on online casino gambling for good. This cold be the real fact, but there is also the chance that the U.S. government is seeking to restore some balance and uphold its own policies with respect to online casino gambling. All these debates, will have a final word, and you can likely bet on it at online casinos or sports books just not if you live in the U.S.
Related News
Nov 10th 2006 The Positive implications of the arrest of David Carruthers
May 20th 2005 House Panel Approves Anti-Online Gambling Bill
May 20th 2005 Odds Go Against Online Gambling
May 20th 2005 Critics question Cannon's motives in opposing Internet gambling
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The Future of Online Casinos
