Gambling Commission and the U.S.
The United States has banned online casino gambling through limiting the ability
of financial institutions to process payments from gambling related Web sites.
The U.S.’s Unlawful Internet Gambling Enforcement, even almost one year later,
is highly controversial – and perhaps for that reason the UK’s Gambling
Commission has no plans to keep online casinos licensed in the UK from accessing
the U.S. market. The Gambling Commission has both created new restrictions on
the internet gambling industry, and also given more lee-way on previous
restrictions and regulations.
The new “reign” over the online casino and land-based gambling industry is
officially under-way, and just weeks into the Gambling Commission coming into
power some online casinos are awaiting decisions. The entire British gambling
industry is now under the control of the Gambling Commission – and most agree
that in the coming years the Commission’s regulatory regime will shape other
countries policy on online casino gambling.
A positive change that most of the betting companies are touting as great policy
are the new advertising capabilities under the new regulations. Now companies
like William Hill, Ladbrokes, and others in various sectors like the online
casino industry have set times and mediums they can use to advertise gambling
activities.
Perhaps the most notable positive aspect attributed to the Gambling Commission
is the Commissions ability to control the online casino and land-based gambling
industry without seemingly reactionary laws. The U.S. on the other hand enacted
the UIGEA and has begun to enforce the UIGEA by arresting high-ranking
executives and the founders of online casino companies that operated in the U.S.
after the UIGEA. The U.S. Department of Justice also prosecuted Neteller, an
e-wallet used by many Americans after the UIGEA can into effect.
Though these methods are effective on a base-level, most in the global online
casino industry find the regulations imposed by the Gambling Commission much
more effective at protecting gamblers and preventing unlawful and criminal
activities.
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