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Has state regulation of online gambling worked?

Written on:February 5, 2018
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Online gambling regulations have put online casinos on equal footing with the brick and mortar casinos out there. You have to be able to find a way to make sure that a state like Missouri is still able to get the tax revenue that they need from the different land based casinos. You can see the importance of this economic growth in a place like LaGrange, Missouri. LaGrange is a place that would be hurt by a completely unregulated online casino.

Key Takeaways:

  • In the U.S.A. many states have allowed their state regulations vis a vis gambling, to lapse, thereby failing to keep abreast of the evolving industry.
  • The Unlawful Internet Gambling act of 2006 has clarified the point that internet gambling only becomes a federal crime when funds cross state lined.
  • The very first state for legal online gambling was neither big fish Nevada, nor New Jersey, but Delaware.

“It seems only a matter of time before more states will legalise online gambling.”

Read more: https://www.gamingtoday.com/casino_games/article/72637-Has_state_regulation_of_online_gambling_worked

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