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Any time lawmakers can generate new income for the state without raising taxes on existing industries, they’ll be tempted to do exactly that. In most states, a state-run gaming commission is tasked with forming the rules and regulations that govern the industry. State gaming commissions enforce tax rates, determine minimum payout percentages, set maximum wager sizes, and much more.
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Its success now serves as a blueprint for other states exploring online gambling legislation. Massachusetts currently has no regulated online gambling, but residents can still access offshore sites due to the state’s “grey market” status. While efforts to regulate Internet gaming have been minimal so far, the state’s focus has been on expanding live casinos under the 2011 Expanded Gaming Act. Louisiana doesn’t currently regulate online casinos, but residents can still access offshore sites without legal risk. Lawmakers have shown interest in exploring regulation, acknowledging the lack of player protections and lost state revenue.
