iGaming Business is probably the most important resource for those in the business of online gambling. The have recently put together an interesting report, and one that is very well timed for opponents of UIGEA.

 

 

Barney Frank has been leading the effort to repeal the 2006 UIGEA, which made it illegal for Americans to play at an online casino. This effort has been picking up momentum and the iGaming Business report is sure to give it boost. The report details the potential benefits for online gambling in the US, broken down state by state. The US is not recovering from the economic downturn as quickly as some other countries, and this means that all but two state governments will have a budget deficit this year. State lotteries have always been able to bring in extra money for state governments, and this report details the effect that an online casino, run by a state lottery commission, could have for these cash strapped states. New Jersey, already home to Atlantic City, seems to be the most likely state to be the first one with it’s own online casino, assuming that changes in federal law will be made to allow for it’s existence. Province run online casinos have been opening already in Canada, and with the exception of some technical problems, have been successful so far.