Possibility of Government- run Online Casino on the cards for US residents?
Online gambling may be prohibited in the United States, but its light is far from extinguished. The debates continue and so does the lobbying for and against. Many industry experts claim that it’s simply a matter of time before it’s allowed. Washington DC, America’s capital is providing an important and interesting microcosm regarding the ongoing online casino debacle; with the plan being to implement a government run online casino.
Online gambling, despite being a well liked past time, is not allowed in the US. Federal law however does not prohibit states from regulating it within their borders and it is from this perspective that the issue is being tackled. Washington’s lottery plans on expanding its commercial possibilities by incorporating online poker, blackjack, virtual slot machines and other casino games into its portfolio. And there’s a fare amount of cash that’s already been injected into this venture -$38 million in the form of a 4 year contract from Intralot- the Greece based company that handles Washington’s lottery. They’re developing the casino software and plan on collecting a staggering 51% of the net revenues. Government in turn stands to gain $13 million dollars from the 4 year contract.
The Structural implementation is impressive and novel. Via the use of verification software, they plan to ensure that only Washington residents will have internet access to the proposed sites. This will be further realized by making certain key spots into hot gambling hubs –bars, restaurants and hotels. This is what is considered to be the initial phase before allowing access from home. Thus players will only be able to gamble at the afore-mentioned establishments.
It’s usually a good idea to have government run certain monetary institutions and in overseeing a state initiative online casino, the strict and yet very mature approach is quite admirable. In fact one could go as far to express that what they are doing is responsible and commendable. Under the lottery’s proposed regulations, gamblers would have to be 19 years of age, deposits into a casino account would be capped at $250 per week and online transactions would only be done via debit transaction – no credit cards. It certainly does sound appealing when viewed from the perspective of the man in the street. Firstly, no irresponsible or uncalled for debt can be accumulated via the use of a credit card and secondly, with a limit of $250 per week, would be players can plan and budget accordingly. Only time will tell when and if this proposed online casino system will be instigated, but industry experts are adamant that in this day and age one cannot fight technology, only work with it.
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PLEASE NOTE! jackpotcitycasino.com does NOT support gambling in areas, territories or countries where online gambling is prohibited. We do NOT accept players from these regions and any view expressed in this article contrary to this is the opinion of the articles author only.