Online Casino Industry Hopes For Return To US
By Staff
You’re right to be confused about the online gambling situation in America – many people don’t know where the whole thing is headed, however some companies are secretly eyeing a return to American soil during the Obama administration.

Many online companies pulled out of the U.S. market shortly after the Unlawful Internet Gambling Enforcement Act was put in place by Republicans in Congress back in 2006. Now, some of those companies are keeping a close eye on what is happening in America.

Recently the US Treasury published the rules for UIGEA – while this was bad news as it meant the act was finally being enforced, it didn’t change much except to make financial institutions change their agreement letters to clients. Obama, the current President-elect who is to be inaugurated in January 2009, will not make online gambling a priority but his democrat administration will be far more lenient.

'With the Obama Administration, America has a group that is going to do the right thing by the online gambling community. How long that will take is yet unknown, but the reality is that it will get done. Once regulations are in place, online companies will once again re-enter the American market,' said observer Bill Batsky.
 
 
 
 
 
Online Casino News.com provides online gamblers with information on online casino gambling, sports betting tips, wining casino tips, internet casino reviews, sports odds, matchups, results, editorial and much, much more… We also have an industry insider’s section including Internet gaming press releases, a calendar of events and gaming industry news.
Bluff Europe: Europe's leading Poker Magazine brings you the latest Poker News, Player Interviews and all the best Online Poker offers Poker in the Park: Europe's largest Poker Festival.