The wave of Internet gambling that is set to sweep over the United States may favor Nevada casino operators, according to some experts. Nevada and especially Las Vegas-based casino companies own some of the best-known and most-trusted gaming brands in the industry. That may put them in a very unique and profitable position if and when the US government makes online wagering legal.Parts of the new legislation being proposed in Washington aim to penalize foreign companies that ran online gambling websites and profited by accepting American bets even though it was illegal. Fortunately for the major US casino companies, none of them risked becoming involved in the offshore operations. That wise decision could set them up to make huge profits in the new Internet gaming boom.
The House Financial Services Committee has just passed a bill to legalize and regulate online betting in the US. But it also added amendments that are designed to prevent online casino operators currently violating US laws from getting licenses to operate under the new legal online gaming regulation.
Many experts believe that both Nevada and possibly New Jersey gaming corporations are set to become the leaders legal Internet gambling. We'll just have to wait and see what happens...
Learn some mo': Nevada gaming companies see potential flush online
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