Lots of LegislationThere has been a lot of talk about online casinos finally being legalized in the United States and from both sides the consensuses is that it is bond to happen, later if not very soon. This opinion has become a little more than wishful thinking, especially since Congressman like Barney Frank have all but promised the gambling community that regulation of online casinos is inevitable and likely to happen this year. There certainly enough legislation and movements being circulated to make it happen. The legislation that most people have invested their hopes in are Barney Franks HR 2266 and HR 2267. Frank’s bill undoubtedly has the most momentum behind it and shows the most promise, but it is by no means the only thing in the works working for the legalization of online casinos. Next are the efforts of Senator Robert Mendez. Mendez is not pushing to legalize online casinos. The focus of his proposed bill is on regulating online poker. However many believe regulating online poker will only be a first step toward regulating online casinos. But what is important about Mendez’s vision is that he wants to lay ground work for an Internet gambling industry in the United States. The thought of a booming internet gambling industry in the United States is not brand new; in fact, some businesses have already begun working toward it. That is exactly why Harrah’s Entertainment organized Harrah’s Interactive Entertainment. Being the one of the leading brick and mortar casino operators in the World, Harrah’s Entertainment does not want to be left behind when the inevitable move toward online casinos takes place. |