Online casino and gambling experts, Jackpot247, have commented on online poker regulation being hailed as a “victory” at a recent conference in the US.
Regulation for online poker has been called a “victory” by executives in the gambling industry at the recent iGaming North America 2014 conference, reports the Las Vegas Review Journal. At the conference, extended legislation across the entire US was discussed, with the creation of new jobs, greater trust in the sites and taxation being cited as benefits of regulation. Speakers also speculated that further regulation of online gambling would eliminate “pirate” sites altogether, preventing the loss of “millions of dollars in tax revenue.”
Tobin Prior, the CEO of a leading online gambling company, said regarding the improved safety of legalised poker sites and the ‘rivalry’ with land-based casinos: “Our online games are far better protected than those in a land-based environment, and they allow each player to set his or her own limits. We’re certainly not trying to destroy brick-and-mortar casinos. That would be insane… From the outset, we always saw our business model as bricks and clicks.”
The online gambling experts at Jackpot247 have responded to these comments, highlighting the various benefits of widespread regulation for online poker in America. A spokesperson for the company said:
“As an online gambling company based in the UK, where the practice is legalised for users, we wholeheartedly support the regulation of internet poker and gambling across the US. Not only would this render gambling much safer and more secure for players, but it would also mean that governments could use the tax revenue for much-needed funding and it’s even conceivable that unregulated sites could leave the market altogether over a period of time.”
Jackpot247 designs, creates and operates live roulette games broadcast on ITV and Sky channel 86, using casino certified equipment. With the best range of online casino games, the firm also provides live black jack online, roulette, poker, arcade games and Jackpot 247 casino slots available to play online and on mobile, with a view to providing an authentic casino experience to the home. The company encourages responsible gambling and only provides games manufactured to the highest standards to ensure customer satisfaction.
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