Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

New U.S. State Allowing Betting?

The U.S. is strictly against offshore online casino gambling, but yet another U.S. state is looking into the possibility of allowing internet horserace betting. Across the U.S. Americans are able to take part in multiple forms of internet gambling – just as long is it doesn’t touch the genre of online casinos gambling. And the fact that many states participate in internet betting and fantasy sports teams – yet offshore companies are prohibited from operating internet gambling on U.S. soil is part of the current problems the U.S. is having with the World Trade Organisation. But while the WTO takes the time to sort out the online casino gambling issues, Illinois may very well join the dozens of other states that benefit from internet gambling revenue.

Allowing internet betting for horse racing, state lotteries, and fantasy sports are just one way for the state to benefit from what is inevitable anyway. Because so many U.S. states take advantage of the legislation that both prohibits online casinos and allows state internet betting, Illinois residents have access to the activity even if legislation is not passed in the state of Illinois. The internet is pervasive – even in the highly regulated online casino gambling industry, the U.S. is having issues truly enforcing the ban on transactions with offshore casinos.

And a key argument in Illinois centers on the fact that the state is losing up to $100 million in revenue from Illinois residents who participate in online betting through other states. The Executive Director at the Illinois Racing Board, Marc Laino, noted that "Internet gaming is here." While online casinos may be harder to find in the U.S., . "Trying to stop it in Illinois will only limit the potential revenue for the state." He continues concerning the amount of online casinos betting money going out of state, "It's in play in most of the country," said Laino. "We're one of the few racing jurisdictions that haven't authorized it. We're losing out."