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Harrah's Pushing for Federal

Movement within the US right now indicates that the online casinos actually might find ways into the US market through state-level legalization and licensing. This solution though has some major drawbacks and Harrah’s is the first company in line to really call-out the state governments for their development of these mini markets. First off, they are creating markets that are only scaleable within each individual state and therefore the markets are limited and all of the betting activity will be limited to only the companies willing to locate and base themselves out of these states. Additionally, once online casino sties start operating legally within each state it will create massive conflict with the European and offshore gambling industry that is currently barred from US operation by the UIGEA.

Harrah’s asserts that the best solution for the online casinos remains new federal legislation and for that reason Harrah’s has joined numerous other organizations and interest groups in lobbying for new US policies. By reversing the UIGEA and instead legalizing and fully regulating the US market the US would end the current black market of online casino gambling sites that are still able to process transactions and likely always will be able to do so despite any and all actions to the contrary.

There is a strong movement in the US right now toward regulating the offshore and domestic online casino gambling industry and Harrah’s is one of the top US gambling interests lobbying for the needed changes with millions of dollars.