In June 1999, the U.S. Supreme Court struck down the advertising
restriction on the commercial casino industry in its decision
in the case Greater New Orleans Broadcast Association v. United
States. Until then, the Communications Act of 1934 had prohibited
all television ads that showed gambling activity by commercial
casinos.
All businesses handling large amounts of cash are subject to
federal regulations that monitor transactions to prevent customers
or business partners from engaging in illegal activity, such
as money laundering. Financial services institutions, such as
banks, credit unions and securities firms, all fall under these
rules.
|
|
Automated teller machines (ATMs) and other cash access devices
are located in casinos just as they are in many other lodging,
retail or entertainment establishments. These cash access services
allow customers to safely access their own cash and credit for
a variety of purposes, including, but not limited to, gaming.
Internet gambling operated by offshore, unregulated companies
has seen explosive growth since the introduction of the World
Wide Web in 1995, a fact that has led Congress to take up the
issue and consider legislation to ban such gambling in order
to protect the right of each state to regulate gambling within
its borders.
|
|
