USA online gambling law change?

[faisj]

Hi everyone,

As you all know there is a ban on online gambling in the USA and
payment providers are not allowed to make transactions with gambling
websites for customer in the USA.

Many organisations had to stop there activity and there was also a huge
drop in income for the gambling/poker/casino domain name holders
(like myself) income at programs like fabulous.com

I was wondering what the situation is on the moment.
Is anybody still fighting the case? Is there any hope that gambling will
be legalised again and that our parked gambling/poker/casino domain names
will make more income again?

 

[RogueWriter]

I have no idea if there are any overt movements to reinstate gambling. I am puzzled about what Las Vegas casinos would think. Would they support the ban, figuring that that would force people to come to Vegas, or would they work to get gambling online legal, figuring they could reach out to more customers? I dunno.

Anywhere there is this much money at stake, you can 'bet' the high rollers aren't going to take it sitting down.

With politicians trying to come up with more money, I would think they would see online gambling - if taxed properly, and monitored - as a boon for their special interest, pork barrel projects.

 

[S-L-O-W]

Here is the latest I heard:

"The position of a senior European Union official that America’s Unlawful Internet Gambling Enforcement Act is “protectionist” has sparked the attention of Antigua & Barbuda gaming officials.

EU Internal Market Commissioner Charlie McCreevy recently expressed concern over what he called a “restrictive practice” by the US in relation to the Internet gambling issue and said the matter or the legislation passed by the US last year might be taken before the World Trade Organisation (WTO)."
Source:http://www.gamesandcasino.com/gambling-news/
(not my site)

It's really not right what the government is doing. Since it can not find an effective way for itself to cash in on the revenue stream, they simply do what they did with oil and link it with terrorism. Read the article below on that (not my site by the way) just a great source of news on this.

 

[Keynes]

Don't look for a return of online gambling as we knew it anytime soon -- there are vested interests (casinos and the social right) who oppose it unless there is some "benign" regulatory structure that benefits voters (e.g. state lotteries)

 

[Keith]

Wouldnt it make sense for casinos to fight for online gambling. It seems like they would set up online gaming sites of their own to cash in on the billions a year in online gambling. I cant see how it is going to take away from their casino/hotel profits. As long as there is Vegas people will want to go there to gamble, watch shows... I feel like online gaming will eventually be legalized in the U.S. Uncle Sam just has to figure out how to get his cut!

keithmt

 

[YesBrilliant]

I worked in a casino myself in several positions and could see in loco what they do to attract new and repeat customers. That is why Vegas is what it is, a world apart.

There is too much money involved, including in online gambling, and the real casinos will more than certainly want to get a share of that pie, either directly from online venues or from the internet to bring those people to their real casinos.

Just give it some time and it will be back. Hopefully with sane regulations.

IMHO.

 

[online-x-casino]

I have seen in internet that very player can't more take their money : their account were blocked (ex.Neteller ).....

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[faisj]

But, do you guys think the law will be removed (or changed)
and if you would make a wild guess... how long will it take?

 

[networkmsia]

Hello guys,

I am still new here, May I know how much 1 gambling domain earned you before the ban ?

and How much do you earn on that same domain after the ban ?

 

[domaindigger]

If you have any casino/gambling domains with type-in traffic, I'd be interested in buying them. Let me know.

 

[cache]

I have sold or dropped all my casino and poker names.

 

[Keith]

I have sold or dropped all my casino and poker names.

I am not sure why you would drop your casino/poker names. I am currently trying to buy more. Everything that I have read seems to indicate that online gambling as a whole will be very strong in the future. A few major poker sites (pokerstars and fulltilt) are still holding their ground and taking bets from U.S. citizens. The law is very grey on this subject now but in the end the public will get what it wants. Once the U.S. gov. figures out how to moniter and tax online gambling it will be huge!

keithmt

 

[Keynes]

But, do you guys think the law will be removed (or changed)
and if you would make a wild guess... how long will it take?

5 years, at least, for any legislative movement on this front