Final Sprint for US iGaming Market?
The USA is in a period of transition, significant changes happening across the states that could have an impact on the iGaming industry worldwide given enough time.
The states in favor of passing new iGaming legislation have been racing to establish their own intra state system and regulations, Nevada lived up to its reputation hurtling past the finishing post becoming the first to legalize intra state online gambling, even though Ultimate Poker, the first online poker site legalized by the state, did not go live until may 1st 2013. Nevada also passed Assembly Bill 114 this year, allowing them to go into inter-state gaming, meaning that they can share player pools with any other willing state. This law however restricts any company who has provided online gambling in America since 2006 from entering into the new iGaming business there for the next 5 years at least.
New Jersey, close on the heels of Nevada passed their online gambling bill just a week after Nevada. The Bill includes increased funding for the treatment of compulsive and problem gamblers and the necessity that all players must be physically located in New Jersey although being a member of the state is not necessarily required. The games available to play will be the same ones as those available to play in the existing brick and mortar casino: Atlantic City Casino, when this operation will go live is unknown as of yet.
Hoping to have their online gaming functioning by October 2013, Delaware has followed a completely different approach to online gambling than Nevada and New Jersey, following a public based model the lottery and three race track casinos can offer full scale internet gambling and utilize inter-state player pools. This will be essential to the success of the iGaming industry in Delaware due to its small population.
Others are joining the race and making effort to move along the process of legalizing and regulating online gaming in the US, Pennsylvania, the second most successful gambling market in the US, Illinois with a larger player pool than Delaware, Nevada and New Jersey combined, New York and California are all making steps towards the finish line at different paces and all with very differing priorities and legislation.
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