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Will Federal Government Care?

The US federal government passed some of the most controversial online casino gambling policies in the world and yet now it seems as though the government is losing the will to actually continue enforcing the flawed regulations – at least not domestically. The recent recession has forced a handful of US states to consider the legalization of internet gambling markets as a way to support state budgets. But as these states develop regulations that will fully regulate intra-state online casinos and internet poker and betting sites, analysts are wondering what the federal government has to say about all of this. The answer? Not a whole lot. The US federal government has not examined the new regulations in New Jersey and other states that will specifically contravene the US’ UIGEA.

The new bill within New Jersey would really revolutionize the role that online casinos play in the US market – New Jersey Senator Ray Lesniak has structured the bill to create a large and diverse internet betting market while also allowing the state’s licensed land gambling venues to operate these services through the internet as well. New Jersey is home to Atlantic City and that means that all of the land casinos in the state will have the right to use their same land operating licensed to also operate an online gaming site for New Jersey residents specifically.

As much as New Jersey’s plan will greatly help the state boost revenues and taxes funding the state budget, critics assert that these states should be assisting in efforts to federally legalize and license the online casino gambling industry rather than the smaller state-regulated markets that are beginning to crop up.