A recent Reuter’s report quotes MGM CEO Terry Lanni as saying that the UIGEA “makes no sense whatsoeverâ€. The article goes on to say that Lanni feels that the recent elections in the United States — in which the Democrats took control of Congress — may provide an opportunity to re-visit the question of regulation of online gaming in the United States.
Will anything come of this? I do not think so. Is it good that there is some ink on the idea that online gaming should be regulated in the United States? Sure… but it’ll take a lot more ink and many more land-based casino CEOs to pressure lawmakers before we see any movement on this issue.