Online Poker Coming to Nevada and Other States
As you may have heard, the Nevada Gaming Commission has approved a number of different gambling companies to release online poker solutions, in an effort to bring back online poker. It was just last year that the entire online poker industry was shut down as a whole, in the assets of the companies that were running online poker seized. There were many companies that were running online poker operations, that were shut down, and many of them are still fighting to get their users the money that they had in their accounts back. It will be interesting to see if these organizations are able to get this money back to the users, or if it is just going to be seized by the government.
Now, following the shutdown of these different companies, the governments of various state organizations are looking to put together a number of online poker opportunities to individuals. Three organizations have received permits from the state so far that would allow them to run online poker operations. Some of these operations may attempt to collect users from other states as well, but it will be interesting to see how that pans out when various states are allowing online poker.
There are many different positions in which an individual could take on this matter. To start, online poker has been very popular, and is undoubtedly capable of creating excellent results for states tax wise, that are looking to utilize online poker to their advantage. If you are interested in seeing additional funds as a result of legalizing online gambling, then the states are going to be much more likely to do so. Keep in mind, that not all states are going to be in favor of legalizing this. For instance, some states are going to look at the additional tax revenue that can be generated and see it as a potential source to fund their programs. However, others are not going to see it in this way. Overall, it becomes a morality issue for many individuals, and are not always going to be easy solutions. Different states will handle online poker differently than one another, so you can expect different types of laws to come out of this as a result.
This turns out to be a good thing for the state, because it allows the states to collect tax money. This is definitely something that needs to be taken into consideration across the board, as there is a huge void that needs to be filled in the online poker industry at this time. It is no surprise that Nevada is the first aid to come forward and allow for online poker to be run. However, they are making sure that a number of different rules and regulations are in place that will allow them to ensure that the individuals that are using their services are actually from their state, so that they can collect state taxes to pay for the budget deficits that many states have been running with since 2008.