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Pushing for Sportsbetting Rights

The online casino gambling industry in the United States is one hot mess right now. There is really no other way to describe all of the difficulties that are occurring within various sectors of the internet gambling industries. The UIGEA is, perhaps, the granddaddy of all of the issues; but outside of the obvious problems presented by the UIGEA, sports betting bans and the specific carve-outs allowed within the UIGEA are creating a whole other area of concern. Essentially, although offshore online casinos are blocked from the US market, there have been several other sectors of the US internet betting and gambling industry that are legal and have carve-outs in place. As more and more US states aim for sports betting legislation, the debate has gone to the courts.

iMEGA is one of the key companies fighting for each state’s right to offer land and online sports betting and wagering. The federal law in place to prevent sports betting has been targeted by not only iMEGA, but several US states are now joining forces in an attempt to get the federal sports betting ban overturned. iMEGA announced that the federal judge the pending case has allowed Jon Corzine, the governor of New Jersey, to join the plaintiffs in the case.

The sports betting ban has been in place since 1992 and iMEGA will have quite the challenge to overturn the ban considering the turmoil in the US government about the offshore online casinos and the UIGEA. On the other hand, iMEGA has a strong case in arguing that the current ban on sports betting is grossly unfair and unduly prevents specific states from generating revenue from sports betting, while other states (namely Nevada) are able to really cash in on this industry.