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The legalization of online casino gambling in the United States market is an incredibly complex situation that changes and fluctuates on a weekly basis. In fact, what you hear one day could be completely contradicted the next day by a different specialist or analysts. At one stage of the game a lot of the supporters of the US legalizing online casinos thought that the UIGEA would be repealed by the end of the year and certainly before the last session of Congress let out for the year. And though steps have now been made in that direction, the situation is certainly not changing before we ring in 2010. Then, to take it all a step further, many analysts feel that the situation is even more severe than most have assumed, that it could still take years before new legislation passes through the US.

The problem is, there is a lot of money to be made from the online casinos, and not just money that the US government can take in taxes, but money that investors and venture capitalists are considering investing in companies that prep and prepare for entry into the US. But in order to prepare for the US online casino gambling industry the investors need a reliable prediction that really accurately assesses the obstacles facing the industry. One major step forward in the right direction was last weeks Congressional hearing about the internet gambling industry – but the hearing is just a first step, not a conclusive indication that the government is leaning in any particular direction.

Every time that something has been promised in the US online casino gambling industry, there have been limitations and those expectations are rarely met. That’s why it’s really safest to anticipate a possible several year delay still before a new federal legislation passes muster and makes it through the House and Senate and into law.