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iGaming Policy Framework Discussed

iGaming Policy Framework Discussed

Many groups are fighting for the regulation of a federal network for online gambling and poker in the United States.

Meanwhile, other groups such as Sheldon Adelson’s Coalition to Stop Internet Gambling (C2SIG) are fighting back hard to ban these online games.

iGaming Policy Framework Discussed

The battle is on for the future of Internet gambling in the U.S. and as a result, the Policy Framework for the Regulation of Internet Gaming has been released.

Legislators are trying to find a resolution between the two sides and a recent plan was released by a group of lawmakers from states which already have a large stake in the gambling industry, the National Council of Legislators from Gaming States (NCLGS).

After liaising with different groups such as the National Council on Problem Gambling, this policy framework, which is still in draft form and which is known as the Policy Framework for the Regulation of Internet Gaming, has been released.
The goal is for this framework to be used as a model by states which are interested in legalizing gambling.

It covers a wealth of policy issues including user and geolocation verification, player protection, jurisdiction agreements and more.

To date, this policy framework has not yet been finalized and it will be reviewed at the NCLGS Summer meeting in San Diego from the 6th to the 8th of June. It is currently still open to comments.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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