Online gambling is changing a lot in the states. You cannot read The Wall Street Journal, The Washington Post or ABC News without reading about the evolving industry of online gambling. How it’s changing and what is changing cannot be talked about without bringing up the great poker indictment that occurred last spring. April 15, 2011 will forever be known as Black Friday in the gambling industry. What happened on this day is the Federal Government seized the URLs of three of the most prominent online poker sites, PokerStars, Full Tilt and Absolute Poker. Deposits were lost, players were infuriated, but is Black Friday never happened then we would never been as close as we are to regulating online gambling at a Federal level.
The most recent progression to happen towards this goal deals with the Federal Wire Act of 1961. The Department of Justice legalized intrastate online gambling, except for sports’ betting. This isn’t good enough for most insiders. Gambling Expert Nelson Rose said that: “Congress will continue to do nothing while internet gambling will explode across the nation when it is made legal under state laws.” Which now that it has been, we’ll see if his statement is accurate.
And now that online gambling isn’t just a substitute to brick and mortar casinos anymore, most people actually prefer them; there is way more attention directed at the idea of regulating and taxing the industry. The article at http://gambling.org/online-gambling-technology/2979 points out that: “One thing is for sure: The casino industry continues to work hard to bring a more interesting and exciting version of gambling online.”
