The United States represents one of the most potentially lucrative online gambling markets in the world, but federal laws dictate that the activity illegal – for both operators and players. However, the UIGEA, the current online gambling ban, is predicted to be lifted in the near future, causing many UK operators to set their sights on the country.
PlayTech is one of the most enthusiastic operators, already taking steps towards entering the market. Recently, PlayTech has joined forces with an American-based company called Scientific Games. Together, the two companies seek to help state lotteries with their software solutions.
This positions PlayTech perfectly for entering the market when the ban is lifted. PlayTech has also pulled out of the American online gambling market, as the government has stated that companies continuing to operate while the UIGEA is in place will be banned once the market becomes available to foreign operators. PlayTech seems to be in the perfect position for entering the American online gambling industry, however, there is no telling how long it will take for online gambling legislation to finally be passed.