PokerStars and bookmakers re-discover America
In 2018 USA government made some changes in the laws, that will seriously affect the online and offline gambling industry. In the US, online gambling is allowed in four states:
Pennsylvania had legalized online-gaming at the end of 2017, so the registration and licensing process is underway. This process is very difficult: to obtain a license to a poker room, you must have your own offline casino or a cooperation agreement with a real casino.
The pool of players of the remaining 3 states is merged into one and operates on the principle of a closed reservation (only residents who are physically located in the territory of these states can play).
The problem with poker legalization in the US is complicated because of UIGEA – a national law prohibiting banks and payment systems from processing transactions related to illegal online games (betting, casinos, poker, etc.). Formally, if casino does not have a license from the federal or local authorities, then you won’t be able to create the account. Nevertheless, opponents of this law now have a serious lobby, including President Donald Trump, so things can change in the near future.
In addition, the PASPA law on sports betting, which was accepted in 1992 after suggestion of Senator Bradley from New Jersey, had a great influence on the development of the online gambling industry in the field of bookmaking. The purpose of this law was an attempt to stop the growing market for sportbetting and the legalization of gambling throughout the country. Senators tried to protect national sports leagues from the impact of bookmakers, banning offline and online bets throughout the country for many years.
An exception was made only for 4 states:
However, in May 2018, after years of litigation, the law was repealed by the US Supreme Court, which made the legalization of online-gaming possible in the US. This will give a serious impetus to the development of the online-gaming industry, but also provide large injections into state budgets. In the US the gambling business has been conducted on the territory of Indian reservations, which makes it possible for the indigenous people of America to make quite good profits, since all money earned on the reservation territory is not subject of any fees.
By order of the US Supreme Court of 1987, the federal authorities cannot regulate the gambling business in reservations and in states gambling is allowed. Now, each state can regulate legal activities and the gambling licensing process at its level. Many states, in the run-up to the Supreme Court decision, carried out the necessary legislative initiatives to open online and offline gambling sites on their territory.
In the first place, such initiatives were implemented in the state of New Jersey, which initiated the litigation on the abolition of PASPA. In the near future in Florida, New York and in a number of other states there will be a vote on control over gambling.
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