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US States Want Betting

The federal laws in the United States that have banned the offshore online casino gambling industry from accessing US gamblers are still staying strong and in place more than three years after their passage. There have been huge movements to change the regulations for the US gambling industry, but that has yet to really happen at this point. One factor that could really speed up the rate of change in the US though are the individual US states that are starting to demand the right to offer in-state land and online betting and gambling options. Interestingly, the US federal legislation does not specifically outline what the US states can prohibit or legislate within their own borders where online casino gambling and betting is concerned.

This fact has led states like Iowa to take bold moves toward the legalization of forms of online casino gambling and betting. With the recession still causing budgetary fears throughout the state governments, even New Jersey is now actively looking for ways to pass internet betting legislation that will take into account all of the US federal regulatory concerns, but also bring in new gambling revenue for the state governments.

The former governor for New Jersey, Jon S Corzine, is specifically is looking for a way to legalize sportsbetting in the state. There is a big fight in the US right now over allowing land and online casino betting at the state level – sporting groups heatedly argue that this sort of mass-scale internet betting will lead to corruption in the US sporting industry. Corzine advocates that the US states have a constitutional right to offer sports betting, there’s no telling at this point how much success he will have in pursuing that argument. There is a very real hope in the industry that Barney Frank’s proposed legislation will pass before this current Congressional session ends.