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The Slow Approach

The online casino gambling companies in the US are looking to patent the “wait and see” approach over the next several months as there are hopes that the new administration will address some of the controversial gambling related legislation that was pushed into effect at the end of the Bush administration. The online casinos have decided to tactically change their plan with the current administration – bullying and aggressive tactics were rampant with the previous admin but a more honeyed approach seems likely this time around – at least in the short term. In addition to just applying light pressure to the new admin, internet casino gambling sites are looking to work with Congressman Barney Frank on new congressional legislation that would neutralize the UIGEA.

The big issue right now though with foreign online casinos is the matter of betting throughout the US. Foreign companies are expressly banned from participating in this activity and the domestic and state-run companies are winning out big in the long-run because of a lack of any real competition. The legislative carve-outs in the UIGEA are what have really caused the most uproar in the foreign online casino gambling community. The US didn’t simply withdraw from the market, it protected the market for its own domestic gain.

Now though, despite the hard feelings that are still rampant throughout the foreign online casinos, the companies are hoping that a softer and more steadfast approach will appeal to this administration more. The gambling companies are just looking for the Obama administration to come to the table and discuss new possibilities for the online gambling industry – this is something the Bush admin straight out refused.