Politics & Government

Should Online Gambling be Allowed in the United States?

At the third annual Silicon Valley Poker Challenge, tech executives and poker pros ponder the future of online gambling.

For these folk, business deals don't take place just on a golf course. They take place at the poker table.

At the World Poker Tour and Silicon Valley Executive Network 2013 poker challenge technology executives and venture capitalists battled it out against professional poker players to raise money for the Computer History Museum. But between conversation may have steered toward the future of the game in the casino and perhaps even online.

Last month New Jersey became the third state in the United States to legalize online gambling following similar steps by Nevada and Delaware, according to Reuters.

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Online gambling does take place however, in 85 countries around the world, according to a 2011 report from American Gaming Association.

Even Zynga, with offices in Mountain View, runs a successful online gambling site in the United Kingdom, and some suggest that this offshore business will eventually benefit the company.

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But as New Jersey readies itself to accommodate online gambling and the potential revenues that they expect will come pouring in, other states aren't moving as quickly.

What do you think should happen with online gambling? And what role should Silicon Valley technology companies play? Tell us in comments!

 

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