As it was expected, the online poker cheating scandals evoked much doubt around the whole industry. More and more become aware of the fact that the regulation of the online casinos and internet gambling sites in the US simply doesn’t work. And who is the victim of the unregulated environment if not the players themselves? This particular issue was described in the five page Post article by Gaul, who expressed his criticism concerning the current lack of regulatory framework and legislation.
As he underlined, both sites involved in the scandals are owned and operated by Tokwiro Enterprises and basically operate outside of the US influence and power. The lack of clear legislation and regulations for the online casinos and poker companies contributes to the fact that many companies choose to remain servicing the US market. And obviously, not all of these companies are trustworthy. Let’s just look at the sites where the scandals took place. They are owned and operated by Tokwiro, which is licensed by the Kahnawake Gaming Commission- a jurisdiction that while licensing several popular gambling sites, is far from considered a highly secure and safe jurisdiction. Moreover, both sites are operated out of a shopping center in Costa Rica. Just sum up all the factors and you will have a situation which is totally out of the US’s control.