What Will an Obama Presidency Mean For Online Casinos?

Friday, February 12, 2010

The eyes of the world were watching America this month as Barack Obama was elected President of the United States. Standing in front of an elated Chicago crowd, many of whom had queued for hours to attend his victory rally, he delivered a speech that the world would remember for years to come. Between two sheets of bullet proof glass, he addressed the nation. He spoke of trials, tribulations and challenges. He thanked his supporters, the people that had voted for him. He spoke of improving the country. As the world watched, the next President of the United States gave a speech that echoed around the globe. He didn't talk specifics and he did not mention his key policies. Not once did he talk of removing troops from Iraq. Not once did he speak about bringing tax cuts to the middle classes. There was no need to. This was the beginning of a new era in American politics and he gave a speech fit for the occasion. Barack Obama spoke to the world that evening. They duly listened.

The current actions by the President-Elect have suggested his time as president will be concentrated on change. In a recent press conference, Obama explained to journalists his plans for his first months as president, divulging his aims for economic revival, stimulus packages and army withdrawal from Iraq. It's possible that not many reporters in the crowd had questions relating to online gaming. With the thirteen economy advisors standing behind him, it probably would have seemed out of place. Indeed, the new president definitely has bigger fish to fry. He is the new leader of the American people after all.

When the troubles around the recession, Iraq and the environment have subsided though, the issue of online gaming will find its way into the White House. Obama's choice about online casinos will determine the fate of gaming in America. The only question still remaining is what will the President choose to do; to allow online casinos to operate in his country, or not?

Although the 2006 Safe Port Act prevents online gamers from wagering their dollars on online casinos, there are some positive signs that an Obama presidency may scrap the law introduced by the current president, George W. Bush. There are glimmers of hope. Comments from Obama in the past have insinuated that he'd study the pros and cons of legalising online gaming in the US and a statement from the new President on the campaign trail - while talking to a writer from an American newspaper - states him as saying that he could see the advantages of online gaming as long as it was regulated by the government. Although he hasn't declared that he'd reinstate online casinos in America, Obama's statement has heartened many players and online operators alike. Obama's speech on the Vegas strip this year gave further hope to online players. Could this new President bring online casinos back onto US soil after all?

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