Revenue has started to come back in Las Vegas casinos, but that has not stopped the companies that own those casinos from thinking big. Many of the biggest gaming companies in the world are expecting to launch US online casinos in the near future.
Speculation within the gaming industry is that online gambling would be coming to the US sooner rather than later. Legislation has been proposed at the federal level to regulate online poker, and casino games may not be far behind that.
After Black Friday, lawmakers have stepped up efforts to get the online poker regulations complete. Those same legislators, however, have given no indication that games such as blackjack, baccarat, slots, or craps, would be a part of that legislation.
Caesars Entertainment is clearly one of the companies that is hoping the US laws change. Caesars has already launched online casinos in jurisdictions where online gambling is regulated, and Caesars believes it is only a matter of time before the US follows suit.
“I can’t think of another example where there is something an American can buy that no American entity can provide,” said Caesars CEO Gary Loveman, in a video interview with Financial Times.
Loveman was speaking to the fact that millions of Americans participate in online gambling, yet no US gaming company can offer the form of betting. Loveman understands that this cannot continue to be the norm at a time when the US is starting to be looked at globally as followers instead of leaders.
“There’s a lot of job creation associated with this,” said Loveman, when speaking about legislation regulating online gambling in the US. “We could provide thousands of Americans jobs if given the right to do so and there [also] would be the benefit of tax revenues.”