Caesars Exec: Growing Realization That Online Poker Regulation Is Required

This story was published more than 12 years ago.

A Caesars Entertainment executive said that various bodies in the United States are realizing that online poker regulation is necessary.

Speaking to an audience at the iGaming North America Conference at the Planet Hollywood Resort this week, Caesars Chief Financial Officer Jonathan Halkyard said that among enforcement, community welfare bodies and the land casino industry that reform was necessary and that the strict regulation of online poker was required.

Halkyard said that the U.S. Justice Department's change of opinion on the Wire Act has reinforced opinions that the way internet poker is being handled is no longer acceptable. Halkyard went on to say that he is opposed to individual states legalizing online poker on an intrastate basis as it may lead to fragmented regulation and confusion among those involved. The Caesars executive stressed that a federal solution is the best option, as it would bring about uniform laws and rules within the country.

The iGaming North America Conference is hosting 550 regulators, operators, and lobbyists involved in the gambling industry to discuss a variety of topics including online poker.