A Careful Balance Act at the Crossroads of Politics and Gambling

Politics and gambling are two intricate fields that frequently overlap, leading to a variety of conflicts, disputes, and regulatory difficulties. The relationship between politics and gambling, particularly in the context of gambling, is a complex and multifaceted one. As the industry continues to evolve and expand, the interplay between political decision-making, regulatory frameworks, and the interests of various stakeholders will undoubtedly remain a prominent feature in the political landscape.

Lobbying and Political Influence in the Power Play

The gambling sector is well renowned for having a big financial impact, which frequently translates into a sizable political influence. 

Strong casino owners and gambling companies sponsor political campaigns, push for favorable legislation, and engage in lobbying efforts. 

Concerns regarding the possibility of excessive influence over lawmakers and the decision-making process may arise as a result of this dynamic. To maintain the political system’s integrity, a balance must be struck between industry interests and the general welfare.

Regulatory Obstacles and Public Attitude

Politics affect gambling regulation. Governments must balance individual liberty and protection from gambling risks. Industry stakeholders who value business-friendliness may reject harsher rules. Politicians must reconcile individual rights with social welfare. Morality and public perception matter.

The Social Costs and Economic Gain

Gambling may boost local economies through tourism, jobs, and tax revenue. Politicians see it as a chance to boost regional economies and fund public services. Social costs often accompany economic benefits. For the sake of maximizing corporate profits while minimizing social damage, politicians must address problem gambling, addiction, and social harm.

The Revolution in Online Gambling

Online gambling has given policymakers new challenges. Internet gambling platforms are global, making government regulation difficult. Politicians must swiftly balance consumer protection, financial development, and online gaming market fairness. Technology and international cooperation are needed to unify cross-jurisdictional regulations.

Cultural and Social Perspectives

Since gambling is so culturally embedded, political decisions on gambling regulation can spark strong emotions. Individual freedom vs. common benefit is often debated. Many societies forbid or accept gambling. Politicians must balance these opposing views while considering the cultural and socioeconomic effects of their decisions, which vary by jurisdiction.

In the intricate interaction between politics and gambling, politicians must weigh opposing interests, regulatory hurdles, and social consequences. To limit gambling, financial rewards, societal costs, and political influence must be considered. It is important to balance individual freedoms, public welfare, and responsible regulation to protect the political system and gambling-impacted communities.

Gambling And Government

Gambling has been a concern since the beginning of the lottery. Individuals routinely gamble for the thrill of gambling their own income for a win. Several argue that betting is a negative thing, while others argue that it is a good thing, although it has actually created more issues than it has addressed. Individuals have forfeited their careers and much more cash in casinos than anyone could count. Most people focus on how criminality affects gambling rather than how politics and the economy affect gambling.

The Economic Effect of Gambling in the USA

Gambling has risen to become among the greatest popular hobbies in the world in recent times. It was the year 1977. Apart from Nevada, the most state in the country prohibited casino gambling; however, as everyone’s need for amusement grew, states began to permit corporate gambling.

Gambling Legalization

The gambling business devastates the economies of gaming cities. Gambling causes problems with children at home and encourages competent politicians into becoming corrupted.

Gambling and Its Impact

Gambling’s adrenaline-fueled gives people the impression that opportunity is in their grasp. Unfortunately, gambling has way too many disadvantages to ever even start to list. To achieve, you have to play, and also to win large, you have to play big.

4 U.S. States That Have Already Legalized Online Gambling

For now, four states have approved the legalization of the operation of online gambling sites and services within the boundaries of the United States.

In this article, we’ll be talking about the shape of the online gambling industry in each of these four states, such as their revenues, online casino games, and more. But first of all, let’s take a look at the order in which the operation of online gambling became legal.

When Did They Legalize Online Gambling?

The first to legalize online gambling facilities to be operated in the state is Delaware and New Jersey, and it’s been that way since 2013 when they started offering online casino and poker games.

Nevada started in that same year, but they prioritized on offering online poker games.

Pennsylvania had only recently legalized online poker and casino gaming in late 2017. However, since it was late that year, it was only in 2018 that online gambling sites started their operation.

Delaware

Delaware offers a wide variety of online gambling. There is off-track horse betting in which the most popular sites for this type of gambling is TVG and TwinSpires.

There are also online casino games provided to you by 888. Their games include roulette, blackjack, and their famous Jacks or Better video poker, which makes it obvious that they allow online poker as well. They also offer 15 slot titles.

There are also sites for their racinos, namely Dover Downs, Harrington Raceway, and Delaware Park.

New Jersey

New Jersey allows for horse racing and most of the sites in the state are permitted through 4NJBets.

There are also online poker sites specifically made in New Jersey, all of which are available in the following sites: WSOP.com, 888, Party Poker, and Borgata Poker. PokerStars had recently just got started their operation once more in New Jersey.

Also, the aforementioned four sites also offer online casino games.

Nevada

There are currently three types of online gambling that were legalized in Nevada. Those are off-track betting, sports betting, and online poker.

However, they have conditions. For horseracing, betting is needed to be done on apps and official websites that are regulated by licensed betting companies. The same goes for accepting bets on sports events.

Online poker is also legal, as well as an online casino game, but you’ll have to be on the boundaries of the casino when making a bet.

Pennsylvania

Off-track betting is the only form of online gambling in Pennsylvania that is legalized. Sites such as TwinSpires, XpressBet, and TVG are the only ones that exist to provide that service, although they’re available both in your browser and mobile apps.

However, there’s another type of “gambling”, which may not be clear as of now. Daily fantasy sports sites such as DraftKings, CBS Sports, Yahoo!, and FanDuel allow the entrance of Pennsylvania players to their site.

This is perhaps because daily fantasy sports are considered a gaming skill and not gambling. However, there’s no law in the state of Pennsylvania that states that these sites are legal, but it’s considered… for now.

These are the four states that accept the operation of online gambling. Gambling companies saw this as an opportunity and so you’ll find large establishments getting built in some areas in these four states.

U.S. Midterm’s Elections for Government Committees, Better or Worse for the Gambling Industry?

After the midterms elections and the voting complete, there were major changes that happened affecting the gambling industry in the United States. Positions like the governor, seats in the Senate and House of Representatives were also changed.

Today, we’ll talk about these changes and how they affected the states in the US and the online gambling industry.

Fortunately, these changes were in favor of the expansion of the gambling industry. The individuals that were voted for as government officials were, as luck would have it, fond with the idea of online gambling.

The Impact of The Midterms Elections Results on Online Gambling

Before anything else, the impact of the midterms elections was focused on the five states in the US, namely Arkansas, Louisiana, Florida, Illinois, and Michigan. While there are negative effects, the positive impact overshadows them.

Casino Expansion Voted by Arkansas Citizen

After the midterm’s elections, the majority of Arkansas voters, particularly 54 percent of them, made it possible for casino expansion as they approved this measure. This made the casino industry legal, although online casinos aren’t included.

This is a positive impact of the midterms elections as it might result in the opening of the Oaklawn horse track as well as the dog track in West Memphis. Their casino revenues will also increase, and online gambling may not be a dream anymore to this state.

Online Gambling Sites Are Struggling in Florida

In the midterm’s elections, voters were given the right to decide if gambling expansion decisions are to be kept, or if the people of Florida are to be given power.

Florida voters have approved this measure and this made it difficult for new casino facilities to be built inside the state.

This is also a result of the cooperation of Disney and Seminole Tribe after spending over $20 million for the anti-casino measure. This is perhaps because Disney wants to hold its edge in tourism, while Seminole wants to be the exclusive casino company in the area.

This also affected the online gambling sites, as they are not allowed to operate in the state. Greyhound racing was also banned in the state of Florida and racetracks will have to close down operation by the end of 2020.

Daily Fantasy Sports Approved by Louisiana

Daily fantasy sports are now approved by Louisiana residents, particularly the 47 parishes out of the 64 parishes in the state. The 47 parishes are also allowed to offer daily fantasy sports to residents.

However, it’s only limited to contests as fantasy sports competitions will not be considered gambling.

Governor of New Illinois is Fond of Sports Betting

Democrat J.B. Pritzker of the state of New Illinois is known to be in favor of sports betting. This is surely going to have a huge as Pritzker defeat the previous Republican governor of the state.

In fact, Pritzker had already mentioned in the past that he’s a supporter of sports betting legalization.

These are the five most significant changes brought by the midterm’s election in the US. Hopefully, these changes will continue to flourish until new legislation are made for legalizing online gambling.

Contributions of Online Gambling to United States Tax Revenue

Gambling can cause illicit activities, but countries still allow this industry to roam free. This is because the gambling industry is one of the industries that contributes the most to the nation’s tax revenue.

Here we look at the tax revenue contributions of the online gambling industry here in the United States.

Pennsylvania

In Pennsylvania, their gambling revenue is around $6.8 billion on average. Their tax rate made it possible for the government to procure $2.8 billion of the total revenue of the gambling industry.

However, this may increase due to bills getting put forward that expands the freedom of online gambling facilities.

Nevada

Nevada is one of the places in the world that have the lowest tax rate for their gambling revenue. In fact, this is where you can find the most popular casinos in the world, and it’s only natural they have the highest gambling revenue, reaching $11.1 billion.

Of this revenue, they bring an estimated tax revenue of $745 million to the US.

New Jersey

Since the opening of online casino and poker sites in November 2013, casino revenues have increased slowly. Their total gambling revenue is $5.8 billion, while $1.8 billion of this is from online gambling revenue.

This is enough to make up for their tax rate as they were required to bring $1.2 billion for their tax.

Delaware

Lottery facilities have a tax rate of 100% on the first $3 million revenue they generate each year. This is why racinos aren’t getting any money from online gambling. This ended as leaving facilities with no motivation to promote the games.

As for the side of online poker gaming, they were only able to generate $30,000 each month.

These are the reasons why the gambling industry of the state only generated $635 million which only comes from casinos, with $253 as the tax revenue from gambling.

While some of these states aren’t exactly in the best situation, we expect that their circumstances will at least become better for the next few months, as many legislations will be put forward by that time.

How Much Can a Dealer Earn in Online Casinos Considering United States’ Wage Laws

For anyone who loves gambling, being a dealer in casinos may seem the greatest job in the world. Not only will you earn money, but you’ll also be able to play, or at least be part of the games you love.

Today we’ll be talking about how much a dealer can earn in an online casino, particularly as a live dealer in live casino games.

How Much Will You Make as a Live Dealer?

This is the most important question you should be asking yourself when considering becoming a casino dealer. While the answer to the question varies, there are many factors that may help you decide if this job is right for you.

Minimum Wage

It’s important to understand that games such as blackjack, poker, baccarat, or any other casino games for that matter, pay out the minimum wage… usually. This may range from $7 to $8 an hour, or it can go up to $10 the more you work for that casino.

According to statistics, you’ll earn an average of $14,500 a year in this job. This means you won’t be earning much in this job, but that’s if you don’t consider tips.

Tipping

Tipping is the main source of income for dealers in online casinos, as well as in land-based casinos. While there are countries, except the United States, that don’t allow tipping, they provide a higher base salary for their dealers.

In fact, if you’re considering tipping, you can earn as much as $100,000, or at least $30,000, from accepting tips as a dealer.

While the job is great, it’s important to understand that your livelihood relies on how satisfied the players at your table are with your services. That’s precisely why you should consider being friendly, but not too friendly, to your fellow casino lovers.

States in the U.S. Most Likely to Legalize Online Gambling in 2019

So far, since there is a total of 50 states in the US, you can’t exactly call the nation free from online gambling restrictions. That is, considering that there are only three states at this moment that have legalized online gambling. Today, we look at these three states

New York

New York is one of the first states that proposed legislation for the operation of online gambling facilities inside the United States.

This was made possible when Senator Joseph Addabbo introduced Senate Bill 18, which made it okay for players 21 years of age or over to play online poker legally.

Michigan

Michigan’s legislation with online gambling isn’t in better shape than other states as an online gambling bill handed down by State Representative, Brandt Iden, was vetoed by Governor Rick Snyder, considering the issues regarding the Michigan Lottery.

West Virginia

Recently, lawmakers placed a new bill that makes online gambling legal in the state. That’s why West Virginia is perhaps the most likely of these states to have a legal online gambling operation this year.

The bill is HB 2178 and was introduced by State Representative Shawn Fluharty. Their goal is to legalize online casino gambling as well as online poker services, although only limited to the five retail casino brands existing in the state.

What’s to Come to the United States Regarding Online Gambling?

Advocates of online gambling in the United States are already making a move, including the government officials in each state.

Due to the recent bills regarding online gambling put forward to the governor’s desk, it’s expected to leave a feeling of uncertainty as to what the future of online gambling may be.

Hopefully, all three of these states will be open for online gambling facilities to operate this year. However, there’s no doubt that at least one of them would’ve legalized online gambling at the end of the year.