GamblingCompliance’s US Internet Gaming Report Released
26 Jan, 2010
State lotteries – with their proven revenue generation abilities – are poised to drive the first wave of expansion towards legal online gaming in the United States as devastating budget crises impact the country, finds GamblingCompliance’s 160-page white paper report, ‘Market Barriers: US Internet Gaming’, which is released today to coincide with the start of the International Gaming Expo (IGE) at London’s Earls Court.
Click here to download the report’s executive summary or view a table of contents.
Researched over a period of six months and drawing on over 60 exclusive interviews with US-based experts, the report maps moves towards regulation of online gambling on both a state and federal basis and includes among its findings:
Fears of federal taxation
Fears over the potential for federal taxation of land-based gambling has left the Las Vegas casino sector divided over whether to support online gaming initiatives proposed by Congressman Barney Frank and Senator Robert Menendez, stifling the potential for either bill to move forward in Washington, DC under the stewardship of Nevada’s US Senate Majority Leader Harry Reid.
Indian tribes divided on poker
Efforts to authorize internet poker in California and Florida remain in their very initial stages, with politically powerful gaming tribes themselves at odds as to how authorization of online gambling may impact sovereign governance over their existing land-based casinos.
Enforcement net widening
US Justice Department investigations into offshore internet gambling are intensifying and expanding beyond sports-book operations, by targeting poker and casino websites which take bets from US citizens.
B2G opportunities key for foreign interests
The leadership position of state lotteries will leave recognized European gaming providers struggling to gain an initial market presence that will at first be limited to business-to-government (B2G) contracts.
Commenting on the landmark study, Harry Ashton, GamblingCompliance’s head of legal research, said: “There is clearly a recognition by some leading policymakers that expanded online gaming offers tremendous potential to state governments.
“We expect that state lotteries – which have proven their revenue generation abilities and settled their online payment concerns – will lead the next wave of US development toward regulated online gambling in 2010.”
The ground-breaking report is published at the start of a hugely influential year in shaping approaches to online gambling regulation and enforcement in the United States.
The study includes comprehensive analysis of efforts to authorize and expand online gaming across all sub-sectors of the gaming industry - from casinos and poker to lotteries and pari-mutuel wagering - and includes an assessment of both the Barney Frank and Menendez bills filed in Washington, DC as well as online lottery legislation already approved in the state of Illinois.
It also contains a summary of current state and federal laws on internet gambling, and analysis on how these are being used by authorities to pursue foreign companies still active in taking bets from US customers.
Click here to download an executive summary, or view a table of contents.
For further information about the report, including how to order your copy, click here or contact GamblingCompliance at info@gamblingcompliance.com.
Click here to download the report’s executive summary or view a table of contents.
Researched over a period of six months and drawing on over 60 exclusive interviews with US-based experts, the report maps moves towards regulation of online gambling on both a state and federal basis and includes among its findings:
Fears of federal taxation
Fears over the potential for federal taxation of land-based gambling has left the Las Vegas casino sector divided over whether to support online gaming initiatives proposed by Congressman Barney Frank and Senator Robert Menendez, stifling the potential for either bill to move forward in Washington, DC under the stewardship of Nevada’s US Senate Majority Leader Harry Reid.
Indian tribes divided on poker
Efforts to authorize internet poker in California and Florida remain in their very initial stages, with politically powerful gaming tribes themselves at odds as to how authorization of online gambling may impact sovereign governance over their existing land-based casinos.
Enforcement net widening
US Justice Department investigations into offshore internet gambling are intensifying and expanding beyond sports-book operations, by targeting poker and casino websites which take bets from US citizens.
B2G opportunities key for foreign interests
The leadership position of state lotteries will leave recognized European gaming providers struggling to gain an initial market presence that will at first be limited to business-to-government (B2G) contracts.
Commenting on the landmark study, Harry Ashton, GamblingCompliance’s head of legal research, said: “There is clearly a recognition by some leading policymakers that expanded online gaming offers tremendous potential to state governments.
“We expect that state lotteries – which have proven their revenue generation abilities and settled their online payment concerns – will lead the next wave of US development toward regulated online gambling in 2010.”
The ground-breaking report is published at the start of a hugely influential year in shaping approaches to online gambling regulation and enforcement in the United States.
The study includes comprehensive analysis of efforts to authorize and expand online gaming across all sub-sectors of the gaming industry - from casinos and poker to lotteries and pari-mutuel wagering - and includes an assessment of both the Barney Frank and Menendez bills filed in Washington, DC as well as online lottery legislation already approved in the state of Illinois.
It also contains a summary of current state and federal laws on internet gambling, and analysis on how these are being used by authorities to pursue foreign companies still active in taking bets from US customers.
Click here to download an executive summary, or view a table of contents.
For further information about the report, including how to order your copy, click here or contact GamblingCompliance at info@gamblingcompliance.com.