Caesars Interactive CEO Mitch Garber Expects More States To Legalize Online Gambling

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Caesars Interactive CEO Mitch Garber Expects More
States To Legalize Online Gambling
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At least 10 states are considering moving toward
creating legislation that allows the
implementation or expansion of Internet gambling.
New Jersey, Pennsylvania, Massachusetts,
Mississippi, Louisiana, Iowa, Illinois ,
Colorado, California, and Hawaii, have all
introduced proposals with New Jersey,
Massachusetts, Pennsylvania, Iowa, California and
Hawaii that already have bills pending. These
recent developments in pro-online gaming come as
no surprise to Caesars Interactive CEO Mitch
Garber.
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According to Garber, it is only a matter of time
before online gambling is adopted in most states.
There is more movement in the pro direction with
States like NJ providing hard proof that the
online gaming industry can be responsibly
regulated and yield successful results. In a CNBC
interview the Caesars CEO he said "We look at it
as the second domino wave of gaming. It started
with Nevada and New Jersey with real, land-based
gaming. This is the online version of that.
Nevada first and New Jersey second. Other states
come one at a time."
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Recently at the 2014 IGaming North America
Conference Garber emphasized that people have
become used to doing everything online and
gambling will follow suit because of the reality
of the Internet. Understanding the legitimate
concerns of legalized Internet gaming opposition,
He pointed out that in his 21 years in the
industry and billions of dollars in transactions
the fears of money laundering and terrorism have
not come to pass.
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Despite the sluggish nature of the process of
legalizing online gaming, Garber remains
optimistic. He is confident once online and
interactive gaming matures in states that opt to
approve it, other governments will realize the
incredible potential the industry has to offer
and will move toward legalization.
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About Caesars Acquisition Co., CACQ CEO Mitch
Garber is also the CEO and President of Caesars
Interactive Entertainment, a subsidiary of
Caesars Growth Partners and Caesars Acquisition
Co.  He controls the World Series of Poker (WSOP)
and all social, mobile and real money interactive
assets of Caesars, Including casino brands such
as, Harrahs, Caesars, WSOP, and others.
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To learn more www.caesars.com www.caesarsacquisi
tioncompany.com www.caesarsinteractive.com www.mit
chgarber.co