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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 online gamblers.

Read the entire article at: Information Weekly 

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