While many now support online gambling within the United States, some analysts are beginning to wonder if the legal version of online gambling in the US will be good for players and advertisers. The benefit of legalisation would be the safeguards that the government would put in place to protect against online gambling addiction, casino fraud, and other social issues.

Unfortunately, the US government is developing legislation with too many amendments and regulations that might make it impossible for offshore operators to enter the US market. It looks as if the US is going to continue to protect their gambling interests by adding amendments that allow US gambling operators to accept online bets while restricting many or all of the offshore operators from acquiring a license within the United States.

The online casinos are known for offering extravagant bonuses, comps, promotions, and they pay out hefty fees to their advertisers. The Las Vegas casinos that opened online casinos in the past that catored to European players were unwilling to offer the same level of casino promotions to their players, and they paid much less for advertising. The US government will heavily tax the online gambling industry and if the Las Vegas casinos are given the monopoly over the US market, players and advertisers should expect alot less than what they are getting now.

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A significant step to regulate and license the online gambling industry may take a crucial step on Tuesday. Barney Frank will take the HR 2267 bill to a mark-up process. This process involves the discussion and rewriting of the gambling legislation to regulate online gambling in the US.

The Financial Services Committee has already discussed the bill and listened to testimonies from leading experts that support the regulation of the online gambling industry. The main focus of the discussion was the safety and security of the online gambling industry as well as the burden on financial institutions that have been forced to abide by the rules set forth within the UIGEA. If everything pans out on Tuesday, the US could be one step closer to legal online gambling.

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