Gambling, a term that varies from person to person. One true statement is that it is one of the oldest forms of entertainment throughout the world. Players who select gambling as a way to have fun have more options than with any other kind of entertainment. Some prefer poker, other prefer slots. It all just depends on what you like. A bitter-sweet part of the gambling world is the fact that players will always have an ever-changing environment. The gaming world has gone through years of scrutiny but at the same time, has had some major triumphs.
The newest information to come out of the gambling world is a major score. Players from Nevada are now able to actually play in a poker room which is run right out of the state of Nevada. Though online gambling has been around since the early 90’s, the government has made it quite difficult for players to actually play online. In October of 2005, the UIGEA was passed which prohibited players from making online deposits into casinos with their Visa, MasterCard or any other credit card company. This law didn’t outlaw gaming but did make it harder for players. To substitute, players were given an eWallet option by the casinos. In 2011, that law was lifted and players were then able to resume deposits with their credit cards.
In early 2013, the states of Nevada, New Jersey and Delaware all passed laws to allow online gambling from the state as well as for companies to open online casinos after they have passed the licensing restrictions. The Fertitta brothers have just opened their first online poker room. This name may or may not be familiar to all who enjoy gambling so a little back story on them would include the fact that they own 45% of the Station Casinos and manage The Ultimate Fighting Championship also known as UFC. Both of these come as an advantage when managing an online poker room because they both share a target audience of males from 21-25 years of age.
One of the major reasons this law was passed, had to do with money. The state of Nevada pulled some numbers and realized that they had been missing out on billions each year in revenue from something so simple. The state is already known for a huge gambling presence but with a residential population of around 3 million, the state was unsure of taking a risk as great as this.