In July of this year DC was supposed to start offering online slots, poker, bingo and fantasy sports sites for fun, and then for wagering in September. The Washington Post even posted an employment ad for an online bingo chat room moderator.
So why is it taking so long you may be asking? The article I read at washingtonpost.com claims that legislators cannot make up their minds about regulating online gambling. The District is usually the trailblazer when it comes to states passing bills, but this one just can’t seem to be passed. There is no Federal Law prohibiting online gambling, but there are also no strict guidelines so it makes gamblers, along with websites apprehensive about what wagers they choose to accept.
There are plenty of supporters for moderating the online gambling industry. They make the argument that it could do wonders for our “cash-strapped” government; also the added employment, money for charities, and tax money. In fact, taxing online poker alone would produce 40 billion dollars in 10 years.
But for all of the people supporting the regulation of online gambling, there are plenty more actively against it. States such as New Jersey and Utah are very much against it. While State such as California and Florida are the closest to getting the ball rolling, so to speak.
At the end of 2011 Casino Bodog will officially stop accepting US players. Actually the whole Bodog brand will stop allowing US citizens to access their websites as they change the name from Bodog.com to Bodog.eu.
Bodog is a very well known brand, and is in the process of marketing themselves somewhat like the Virgin brand. I learned on wiki today that they are even starting their own coffee line.
Currently Bodog operates under Morris Mohawk Gambling, based out of Canada although Bodog is a European brand. They acquired a license from the UK Gambling commission in July but have been waiting for their current license to expire. A license from the UK Gambling Commission is a huge deal, and is not offered to just any casino, so Bodog is very excited about the changes that are happening.
The decision to stop accepting US players revolves around the uncertainty of taking wagers from US players. They would rather be safe than sorry, they don’t want to do anything to defame their name because they are growing right now in many markets, especially Asia.
Founder of Bodog, Calvin Ayre says that the new venture is exactly what the company needs and everyone throughout the company is very excited to get things going.
Casino Bodog is ranked 13th in overall online casino traffic and 2ndamong casinos still accepting US wages.
It is sad to see another casino withdraw from the US market but I feel it won’t stop anytime soon unless the government makes some changes with regulation.
There have been so many articles in the news recently about the legalization of online gambling in the United States. All of the speculation has made it a popular topic, but is it popular enough?
Many experts speculate that no bills are being passed because there are simply just too many other issues out there to deal with. Legislators are trying to fix the economy, unemployment, and healthcare. Online gambling doesn’t seem to hold a candle to some of these other bigger problems.
The regulation of online wagering could actually fix some of these problems. There is a “debt super committee” dedicated to cutting the government’s deficits by 1.2 trillion dollars over the span of ten years. Taxing online poker would bring in 40 billion dollars in taxes in ten years. I know this is only solving 1/30th of the problem, it is still something.
The District of Columbia is usually the leader when it comes to these types of bills, but gambling on online operations in DC is not something congress wants to do. Governors just don’t want to resort to online gambling, they think it will lead to the demoralization of society as we know it. New Jersey Governor Chris Christie is one legislature that doesn’t seem to be budging on the issue. He feels that passing the bill to moderate online gambling will result in betting parlors popping up all over the state.
Legislators like Christie greatly outnumber the supporters of online gambling, so it is no wonder that the only conclusion any of them can come to is to not come to a conclusion, yet.
It doesn’t help that the previous, and current speak, never felt the need to bring this issue to a floor vote. It’s too bad The Donald isn’t still in the race for presidency; he is a huge advocate for online gambling.