Poker News

The First US Licensed Online Poker Site has Launched

The state of Nevada is the first one from United States where playing poker online is 100% legal for the residents. Online poker was essential  legalized back in February 2013 and there are also other states that are working on the legislation programs that will introduce legal online gambling like Delaware and New Jersey.

Here’s the catch – The Nevada gambling law You can only register/play poker if you are within the Nevada state lines.  Also required is a social security # and a phone verification process.

The online gambling from Nevada is expected to generate billions of dollars in taxes for the US authorities and at the same time to regulate a market and to make sure that all the online gambling is legal and fair for the players. The very first website that was launched in Nevada on April 30, 2013 and that has started to offer legal online poker games to players is UltimatePoker.com.

The statistics are showing that each and every year there are more than 10 million Americans playing poker online, but almost all the sites are based offshore and this means that the US authorities are not getting a cent from all this. The online gambling was banned back in 2006 by the Congress and nothing changed ever since that moment until now.

ultimate poker table

The state of Nevada is now allowing its residents that are at least 21 years old to play online poker. The first step is to allow people to play poker and in the future there will be online casinos, sports betting, bingo and the other forms of gambling that are currently available online.

The online gambling industry for example is a 2 billion GBP industry in the UK and it manages to generate some massive amounts of tax many for the state that can prove to be very useful, especially if they are used in the right direction.

One of the main reasons why the financial crisis hit the world is because money is no longer moving and even if some people might regard the online gambling as a negative thing, it is able to make the money move, create jobs and thanks to the tax money it will be able to create wellbeing for the communities. The moment when the money is stuck at the people, there is a great chance that others that have less money will start to suffer.

The online gambling might have some negative impacts, but at the same time it offers a good way of entertainment and in the US even if it’s banned there are still millions of online poker players and casino players and the only difference is that the money is going to offshore locations instead of staying within the US borders and at the same time there is also the problem that the US government is not getting any tax money out of this activity that is going on at lower levels.

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One Comment

  1. I believe that this is a good step forward for legal online gambling in the future, and that their won’t likely be any future seizures over online gambling by the federal government, but I’m still concerned on how long it is going to take for the US government to finally tackle this issue on a federal level.

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