Harrah's is Eager
There isn’t a whole lot of support in the U.S. for the legalization of online
casino gambling…but there are some land gambling companies that see the very
real money-making potential of internet gambling. The US currently has some very
questionable restrictions in place that prevent any online casinos from legally
accessing the US market. But the legislation keeping domestic and foreign
gambling companies out of the market, the UIGEA, is highly flawed and there is a
good chance that with the support of the US land gambling industry, that online
casinos could be legalized in the US market within the next year or two.
The crux of the current issue for the online casinos is the fact that there is
so much resistance from the land gambling venues. Harrah’s is one of the few
major US companies fully supporting the legalization of the market – the company
has consistently voiced support for pro-internet gambling movements. At a recent
board meeting of the American Gaming Association, Harrah’s essentially stood
alone among the land casino gambling companies in its support of legal US
internet gambling.
Harrah’s is such a proponent of the legalization of the online casino gambling
industry, in fact, the company plans to openly support lobbying efforts and
Congressional bills that concern the US internet gambling industry. The US has a
viable internet gambling market that is now largely untapped since the foreign
companies were forced out of the market by the UIGEA – legalization would mean
the reintroduction of gambling sites and huge revenue potential for companies
able to obtain a license to operate internet gambling services. |