Meeting Not Successful
It seems like the online casino legislation issues will never cease in the
United States. There were supporters of online casinos who thought that there
was hope of getting online gambling legalized in the United States after the G2E
last year. Frank Fahrenkopf, the chief of the American Gaming Association
announced that his members would be discussing the matter in their board meeting
in December. The meeting was supposed to be a great place for the online casino
supporters to meet with the most powerful land based casino operators in
America. The meeting did not go the way that the online casino supporters wanted
it to. Apparently there are still a lot of board members that are opposed to the
internet gambling phenomenon.
The Association was not able to come up with a decision to finalize the online
casino debate. The hopes of the supporters of online casinos were slightly
angered with the fact that there was not a resolution to their problems. The
organization is hopeful that they will come to a resolution in the very near
future. Fahrekopf did confirm to the IGN news sources that they did not
accomplish what they set out to in their last meeting but that the financial
pressures that will be put on the land based casino industry may cause a quicker
decision. Due to the recession fewer people are going to land based casinos to
spend money.
Online casinos do provide a world wide income of hundreds of billions of
dollars. They hope that the recession will help the land based casino nay sayers
change their minds. Frahrenkopf did reveal to the newspaper that there were
members which will be pressing for better online casino regulations in the 111th
Congress. One of the main members that will put pressure on the US government to
change their current policies will be Harrah’s Entertainment Inc.