• Not Everyone Sure Online Gambling is Safe

    09 December 2011

    Newspaper

    Nevada and in particularly Las Vegas is pushing to regulate online gambling either within the state or on a national level. Many U.S. land based casinos are already making partnerships with online gambling companies to get ready for what they hope is the inevitable passing of some kind of U.S. regulations.

    Not everyone however seems to be on the online gambling bandwagon. Sheldon Adelson, chief of the industry’s largest publicly traded company, says he opposes online gambling because he doesn’t think the software available can keep under age people from gambling.

    A company spokesperson confirms however this is a personal stance from Adelson and not a formal stance from the company and its worldwide resorts in Las Vegas, Macau, Singapore and Bethlehem, Pa. Other industry companies like the Caesars Entertainment Corp. and MGM Resorts International have openly backed the push to legalize online poker.

    Adelson shared his view with Frank Fahrenkopf, CEO of the American Gaming Association. Fahrenkopf said in a statement:

    “Sheldon has long had concerns about this issue, and it is perfectly within his right to make this decision. However, the AGA, at the direction of our board of directors, will continue to support federal legislation to allow states to license and regulate online poker.”

    Though there is not a real consensus among the top casino industry but their top lobbyist has taken a step away from neutral and are now actively trying to lobby for federal legislation that would regulate online gambling or at least online poker.

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