Getting closer to online poker and online casinos in the USA

We must be getting closer to online poker and even online casinos here in the USA.

Several states now have set up procedures to establish intra state online poker -- which is legal under existing federal laws. Other states including California have pending legislation to set up online poker sites within the states and several dozen brick and mortar casinos and poker casinos in California not only are backing the legislation but they have set up an online "not for money" casino for "fun play" to get ready for it.

In Nevada, Ballys and IGT have been approved by the Nevada Gaming Commission to set up online poker systems.

And now there are reports that Nevada might approve the first intrastate online poker site within 90 days.

Today, I read of another news report about a new push for nationwide online casinos to help states and the federal government raise revenue and stop the outflow of dollars to foreign-operated online casinos.

One more element: in the past two weeks, several foreign-operated online casinos have contact me about advertising their online casinos here.

Cards are in the air, so to speak.

Quote:

---

Originally Posted by Alan Mendelson

We must be getting closer to online poker and even online casinos here in the USA.

Several states now have set up procedures to establish intra state online poker -- which is legal under existing federal laws. Other states including California have pending legislation to set up online poker sites within the states and several dozen brick and mortar casinos and poker casinos in California not only are backing the legislation but they have set up an online "not for money" casino for "fun play" to get ready for it.

In Nevada, Ballys and IGT have been approved by the Nevada Gaming Commission to set up online poker systems.

And now there are reports that Nevada might approve the first intrastate online poker site within 90 days.

Today, I read of another news report about a new push for nationwide online casinos to help states and the federal government raise revenue and stop the outflow of dollars to foreign-operated online casinos.

One more element: in the past two weeks, several foreign-operated online casinos have contact me about advertising their online casinos here.

Cards are in the air, so to speak.

---

Hi Moneyla, and please thank your webguy for getting my signin problem solved!
As I told the administrator, I'm one of those long time readers who wouldn't join because of all the insults that several people felt the need to hurl. We see too much of that on the lv advisor forum, but here that looks over for the most part and I look forward to contributing or just making observations.

I'm a supporter of online gaming and do expect most if not all states to finally get certified because what better way to generate revenues? You're correct in how all those potential US dollars are going to foreign countries, and why not keep them here? I see there's a US online buying tax thats getting started soon too. Spread the wealth.

Probably Nevada will lead the charge in online gambling beginning with online poker. From what I've read it will only be allowed within Nevada's borders, at least to start.

Isn't advertising for overseas online casinos currently illegal? That will be great for web owners if they can sell advertising once this gets underway.

There is no restriction on advertising foreign casinos, nor is there any restriction on Americans gambling on online casinos. The law prevents your bank from transferring money.

Nevada doesn't have enough "intrastate volume" to support an intrastate online poker or online casino system. What Nevada wants to do is be the first to get an online system working so that in the future it can be the leader of a national system, or a system that partners with other states to go around the current federal restrictions.

And thank you for joining us!

Oh I see and thank you. But if our banks can't transfer the funds, how can we gamble online?

I think the owner of the LV A forums made a decision not to advertise them, but he wasn't required not to advertise them, right?

There are ways to skirt the laws, and there are in fact US Banks that either are tricked into transferring money to "front accounts" or openly do it. I know of two big banks here in Los Angeles that transfer money to foreign gaming sites. I'll give them the benefit of the doubt and assume they don't know that the account they do business with is controlled by an offshore casino. Then there are the sites that have money transfers through a chain of accounts and companies.

I can't comment on what the advertising policy is for any media company.

And don't forget there are foreign online casinos that can operate sites in the USA for "no real money" just to build a potential customer list for when and if it does become legal. I think a lot of the foreign sites would be open to selling out to an American company if and when American companies can legally operate online sites.

If I had a foreign site that's what I would be doing now-- building up a customer base for a free site with the idea of selling it later or operating it for an American company later.