After years spent silent regarding the legalization of online gambling in America, Wynn Resorts, Ltd. has reportedly opened their stance.
Following two years of decreased earnings, the Vegas-based gaming corporation is believed to be ready to discuss the possibility of expanding into the online market. With more and more players reluctant to commit so much time and energy to a long distance trip, the ability to pipe their gaming services into the homes of millions of US consumers may be too much to ignore.
While they haven’t come out in full force for the legalization of online gaming, Wynn has, according to the New York Times, changed their attitude. While once they approached internet activities with a “no way” attitude, they’ve now adopted more of a wait and see mindset.
Much of the current activity in Washington regarding online gaming centers around a bill from U.S. Rep. Barney Frank (D-Mass.), which outlines a pattern by which companies would be able to accept digital wagers from US players. Harrah’s has already come out in support of the bill, as has PokerStars.
Potentially, this legislation would allow gaming providers to create their own poker and casino software, which could be offered much like the current crop of gaming services.
But when all is said and done, the issue boils down to money. The government, on their end of things, stands to make an estimated $971 million in potential tax revenue and licensing fees. And, if casinos can find a way to reach into the homes of their customers, their profit margins figure to increase as well.
In the meantime, the top US poker sites remain as PokerStars and Full Tilt. Both play host to an exciting 100% up to $600 first time depositors bonus, while also offering exclusive benefits for members who sign up using the promo codes found at FlopTurnRiver. Check out the free poker download pages for both Full Tilt and PokerStars to get a taste of the current kings of online gaming.