U.S. Major Land Casino Operators Seek Online Gambling Federal Regulation

In this year's American Gaming Association visit to Washington DC, some of the most powerful gambling execs took part including Patti Hart from IGT; Aristocrat CEO Jamie Odell; Jim Murren from GM; Tim Walton, Penn National chief; and Caesars Entertainment head Gary Loveman. The banking lobby was represented by Drew Goldman, Deutsche Bank managing director and investment banker Bill Newby.

The general message they communicated on the occasion remained mostly unchanged, as far as online gambling legalisation is concerned: give us federal regulation, and for Internet poker only.

As new AGA boss Geoff Freeman said in his pre-visit briefing: "The executives asking Congress to address Internet gambling by passing a federal ban on Internet casino games of chance while at the same time creating federal guidelines for online poker that establish minimum regulatory standards, protect consumers and exclude 'bad actors'. Such legislation also should provide Native American tribes with an appropriate regulatory framework to participate."

Anyway, the 'bad actor' has been a recurring theme in submissions by the AGA and its members and is widely seen as an attempt to keep potentially threatening competition out of any legalised US market.

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