Austrian Courts Maintain Monopoly on Online Gambling
Quote:
The court provided a statement on its decision.
“The objectives of the restriction of gambling concessions, namely to prevent crime, to avoid excessive stimulation to participate in gambling by unregulated competition and to prevent gambling being exclusively organized for commercial profit are, in view of the proven social harmfulness of gambling, in the public interest.”
This ruling won't get much attention, but it could be significant, presuming US courts agree with this position, withstanding a future Federal bill, expect the US online poker market to remain fractured.
While NJ and NV are racing to see who is going to be the 'hub' for poker in the US, it's becoming more and more clear that the US market is going to be peer-to-peer, with no State being a central server taking in all the rake.
Players aren't going to be pooled without Federal legislation, we need to accept that, but lottery
players aren't pooled either - you can't buy tickets to another States lottery (legally) without traveling to that State, but some lottery
games are pooled (power-ball, mega-millions), so there is still hope for poker among States which license compatible software providers.
Some lottery States will likely compact to create 'mega-millions' poker platforms (running I-Poker software e.g.), and some commercial States will compact into a 'power-ball' structure for licensees with Caesars and MGM having properties in multiple States likely best positioned.
Eventually most States will likely allow both 'power-ball' and 'mega-millions' (commercial and lottery), but expect California to hold out from any compacting until the weekly tournaments and cash-game traffic on the multi-state sites exceed what they are able to offer on their own.