The US Department of Justice has ruled that forms of on the web gambling are not illegal based on the Wire Act of 1961. The new decision states that the Wire Act only focuses on sports betting and never casino or poker offerings. This new position brings the probability of individual states or a group of states banding together to allow on line gambling within their states. It also opens up possibilities on the market that have not been for sale in a long time.

First, the states have the possibility to generate a lot of tax revenue and some job creation centered on online gambling. States that have gambling or Indian Gaming in there state should clearly be interested in pursuing intrastate on line gambling. They have a lot to gain and the chance to balance their budgets. The question is how they will start it.

Will they treat it like a state run lottery. Many states already have that is place. Some of the aspects of the lottery can apply to on line gambling, although not much. The states would need to obtain the computer software, secure it, promote it and run it. They also have to regulate the payout and number generators. Not to mention, stop cheaters and provide funding for both deposits and withdrawals. The point for this is that states will be hard pressed to setup and run a surgical procedure like this. So many states would have to look at other options.

One of the options is Indian Gaming. They have many gambling establishments and probably are better worthy of move in the internet direction. They do have many of the same hurdles whilst the states and more challenges in the funding departments. Quite frankly on line gambling could very much diminish their gambling profits from their physical casinos. Something they have a monopoly on for the most part. For this reason it is possible they might fight online gambling rather than participate in it.

The next logical option is the current gambling establishments. In Nevada, many have already sent applications for licenses for online gambling. They appear to moving in the direction of providing online gaming to Nevada. So how far are they is uncertain, nevertheless they have the resources, the will, and motivation to make it work. They too are in jeopardy of losing revenues to online gambling. They are a lot more likely to participate than to fight it. They have proven they want to participate and are transferring the direction already.

The last option is current on line gambling establishments. They have the software, are currently operating, and also have the funding options already in place. This positions them in the driver's seat and gives them a potential inside track. Like the the others mentioned above, they have some issues to overcome. First they have been not positioned in the US at all. This poses a whole lot of problems since this is a states only initiative and they do not want to violate the Wire Act in any way. So these companies would have to set up shop in the state and operate a version of their software just for the state. Something they could pretty easily do.

The ruling demonstrably opens up a lot of interesting possibilities, but which option is right will be determined at a later time whenever. The term US poker sites and US casino sites may be anything of the past and replaced with state poker sites and state casino sites. Would it not be weird to Google search for Nevada online poker sites or New York on line casinos.

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