Can you drive a car, surf a computer or fly to Las Vegas? Certainly not! Online gamblers can wager on almost any form of casino game available on the internet, including sports betting and other casino games. It has become so popular that over ninety percent of all online gambling sites are based in Las Vegas. The following is a brief guide to online betting in Las Vegas.
First legalized in 1998, online gambling has quickly spread throughout the country, with the most popular site being Poker Stars. At Poker Stars you can wager over one hundred and fifty thousand dollars on a single game. Online gambling has even spread to neighboring states, with Bingo rooms opening in Maryland, Iowa, North Carolina, Oregon and Utah. In short, you can bet on virtually any form of casino game available on the internet including the now infamous Las Vegas casinos.
In late2019, online casinos will be fully legalized in Las Vegas. The main bill to legalize sports betting in the state was actually written by a Las Vegas Sands Corp. executive, although it did not get passed in the Senate or House without strong support from the governor. The main push behind the move to legalize betting on the internet in Las Vegas came from the New York-based Venue Management Companies, which owns and manage some of the most famous and popular casinos in Las Vegas.
According to the article, the New York State Assembly Majority Leader was in favor of the legalization of online sports betting. “This makes sense for many reasons,” he said. “The first is that there are people across the country that are using this type of technology to take advantage of the fact that there is no longer any black market when it comes to the exchange of money. Secondly, the New York State government realized that they needed to create jobs in order to generate the revenue that would be generated from the new legislation.”
According to NJ Advance Media, the proposed NJ Sportsbook Plus application will allow users to place bets through their My Apps platform which is already in place for customers of the New York State Convention Center and the Prudential Center in NYC. In addition, users will also be able to place bets through their NFL apps and through the company’s college basketball and football programs. The company also plans to roll out an iPhone and iPad app for the same markets in the future.
The new regulation is expected to open up the market for online sportsbooks in New Jersey as it will allow them to expand their business and generate more income. As more gambling sites pop up across the country, the role of the online sportsbook will become more significant, leading to increased security measures and quality service for both bettors and the sportsbook owner. According to Andrew Zarrilli, founder and CEO of Betamax, “The industry is seeing tremendous growth in terms of both clientele and profitability. With the help of this latest technological innovation by New Jersey’s Department of Commerce and Consumer Protection, we can expect to see a major influx of high-quality sites that offer the best online betting experience available.”
In recent years, online sports betting has grown in popularity as more people began to take part in regular betting tournaments online. Most recently, the Professional and Amateur Sports Protection (PAIP) Act was passed by the state of New Jersey making it illegal for individuals to gamble or trade for cash or prizes on games that are conducted for profit. Many major bookmakers have filed suits against New Jersey and threatened to close their businesses there if the law is not changed. However, some publishers and/or gambling sites have been quite helpful to the state in the way of providing online sports betting apps. Riverboat sportsbooks in particular have made helping the state’s online gaming community what it needs – something that can strengthen the online sports betting industry in the long run.
“The new IOS platform by New Jersey provides gamblers with even more opportunities to bet and win. The application uses the same secure encryption technology used to secure all of our customer information and ensures that only approved developers have access to the user’s data. That way we can ensure that confidential information stays private while still giving our customers the ability to bet from anywhere they like,” said Bill Silva, Riverboat’s president and co-owner. Although there are some bookmakers that do still have an iPhone version of the IOS app, most of the major publishers have moved to Android mobile devices and the application will soon follow suit.