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Obama Would Be Best for Online Gambling

The upcoming presidential election in the United States stands to have a major impact on the world of online slot machine and casino gambling. Obviously, those observers of the industry are fervently hoping that the changing of the Executive Branch guard will bring about legislative changes vis a vis the internet gambling business – specifically, a major revision if not repeal of the Unlawful Internet Gambling Enforcement Act, or UIGEA. One such expert, an attorney from Las Vegas who specializes in legal knowledge of online gambling, believes that an Obama presidency would be the strongest hope for such change.

Anthony Cabot believes that Democratic nominee is much friendlier towards the world of online slot machines and casino gambling than his opponent. In fact, Cabot opined that the UIGEA is likely to “never” be repealed if John McCain were to gain office. Barack Obama has gained the support of the entire gambling sphere on the World Wide Web – the fact that he used to be a poker player of (allegedly) no small talent might not hurt!

The UIGEA, of course, is the controversial piece of legislation that was intended to stop illicit online gambling by making it a criminal offense for banks and other financial institutions to transfer funs that would be used as bets in internet gambling transactions. The law is full of vagaries and uncertainties that have not been clarified by the Bush administration, even after years of cajoling by the industry. The law has essentially put an end to American players being welcomed by major online casinos, as many have been prosecuted under the Act.
 

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