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A US Black Market

It seems awfully silly that the United States government is so tied to the attachment to an online casino gambling ban that the politicians are willing to sit by and watch as offshore gambling companies continue to flourish and internet gambling goes to an underground and black market that is fully out of view and out of the control of the government. The point of the controversial UIGEA was to fully stop offshore and even domestic sites from accessing US players and offering online casinos, betting, and poker. This vision has not been realized and many experts argue is never fully possible – even though the US government is stopping the major (and reputable UK and European) companies from accessing the US market organized crime and questionably scrupulous sites will surely take up the slack.

Several key politicians, such as Congressional Representatives Barney Frank and Jim McDermott, are attempting to shine a light on the potential “other side” to gambling regulations that block and ban online casinos. These politicians strongly support a regulated, licensed, and taxed gambling industry as the safest way to keep all of the US gambling activity happening within the full light of day and under the control of the federal and state governments. That is the point of these new regulations that would repeal the UIGEA and regulate the online casino sites – to keep gambling as safe as possible.

The opposition to online casino gambling regulation, licensing, and taxation are not fully considering the scope of the current US gambling industry and the potential for this industry to turn over to organized crime. In the history of the US banning highly lucrative industries such as alcohol and land gambling have never turned out well.