What the 2012 Election Means for On-line Gaming

Posted by admin | Casino Affiliates | Wednesday 7 November 2012 8:49 pm

After one of the longest, most expensive and bitterly fought national elections in US historical past, the dust is settling on a political landscape that could be very friendly to the gaming industry.

If you&#8217re still sorting the final results, celebrating, or nursing a broken heart and soul, listed here&#8217s what you require to know about the outcome of the 2012 US elections.

Obama Re-Elected

Barrack Obama&#8217s historic re-election, on its personal, doesn&#8217t actually change the photo for the gaming business considerably. Following all, he currently handed igaming a pretty sweet gift very last 12 months when the Office of Justice re-interpreted the Federal Wire Act of 1961, properly legalizing online poker.

It would seem as even though Obama is content material to let the states form out online poker issues for on their own.

The greater story to watch is how the DOJ handles New Jersey&#8217s historic bid to overturn the US sports betting ban. President Obama and NJ Governor Chris Christie bridged social gathering lines in the course of the superstorm Sandy cleanse up and that could carry over into a softer line from the DOJ on sports betting.

Congress and the Senate

Neither Nevada Senator Harry Reid, nor Arizona Senator Jon Kyl ended up up for re-election, so assume them to continue pushing a Federal on the web poker expenses. With Congress finding all set for a lame duck session following month, this could be a excellent time for them to drive by means of this recreation-shifting legislation.

1 aspect that could seriously slow down Federal progress is a groundswell of opposition from Condition-degree lottery commissioners. Commissioners from Kentucky and Massachusetts are stating that a Federal bill tromps on condition sovereignty. Preserve an eye this creating tale.

Legalized Vice

Talking of states&#8217 legal rights, marijuana legalization initiatives in numerous states could actually be very good information for the on the web gambling business.

Voters in both Colorado and Washington voted certainly on steps legalizing the possession of modest quantities of marijuana for leisure use. This is a critical challenge to Federal regulation that deeply issues lawmakers&#8217 ability to employ the voters&#8217 will.

Each time we see a thawing of attitudes in the direction of vices of any variety, that&#8217s excellent information for gaming. Whether they&#8217re tired of combating the drug war or just fascinated in raising tax revenues, an voters that&#8217s willing to legalize pot ought to be rather welcoming in direction of on the internet poker.

How do you think previous night time&#8217s election will impact the iGaming enterprise? Share your impression in the feedback section beneath.   

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