UK Casino Operators May Be Pushed Out of US Market
The online gambling market in the United States is potentially one of the most lucrative in the world. Despite the country restricting operators from offering online gambling services to its residents, many operators based throughout Europe have continued to operate in the American market. While it seems that they have earned a huge head start for when the market finally is legalized, that may not be the case.
The United States’ government has announced that it may be restricting access to operators who continued to operate in the American market while the UIGEA was enacted. They will be punished not only because it was unfair to other, American-based operators but also because they committed a crime by refusing to exit the market and oblige by the UIGEA.
It is unfortunate for UK- and Europe-based online gambling operators. However, it gives American-based brands a fair shot at the online gambling market. Land-based brands that are owned and operated by American business owners have stayed out of the market so far, but the new law may give them the fighting chance that they have been looking for.
These amendments have only been mentioned so we will have to wait and see if they will actually be implemented.