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IT Confidential: Online Gambling
If you believe, as I do, that it’s only a matter of
time and technology until online gambling is legal in the United States
(though to judge from the number of Americans already indulging, a lot
already think it is), the technology part may be closer than you realize.
A company called Global Cyber Licensing LLC has been knocking on doors
recently, trying to get funding for technology that may solve one of the
issues holding back Internet gambling.
"We see ourselves as a tool of the casinos regulators," says Paul
Siegel, VP of product development for Global Cyber. The company says its
technology allows a gambler’s location to be verified by the global
positioning system, which solves one of the regulators’ thorniest
problems: how to keep online gambling within state lines (gambling is
regulated on the state level).
Nevada legalized intrastate gambling a couple of years ago, but
regulators have been stuck on how to enforce it. Also, Native American
casinos, which are on tribal land and not subject to federal laws, are
looking for ways to ensure the identities and location of potential
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