Evaluating the Impact of Kahnawake Leaving US Market
Online casinos that are regulated by the Kahnawake Tribe in Canada have recently announced that they have pulled out of the US market. This move was prompted by a case involving the New Jersey Division of Gaming Enforcement. According to sources close to the case, Kahnawake agreed to pull licenses for those providing services to online gambling patrons in the USA.
“The DGE understands and respects Kahnawake’s significant accomplishments in the online gaming industry over the past 17 years, grounded on the exercise of Mohawk jurisdiction,” says Grand Chief Joseph Tokwiro Norton.
The most evident change that those in the USA have noticed is that sites like Bovada have sold their online poker software to Ignition Casino, while Bovada is still accepting sports bets, horse racing bets and online casino bets on their website.
The impact of Kahnawake leaving the US market seems to be minimal. Offshore based online casinos have seemed to adapt to the new regulations, given the fact that they have moved their assets around in order to stay compliant. For example, in the wake of the move to Ignition Casino, Bovada have provided lucrative account transfer bonuses that have encouraged users to move to the new platform.
Other online casinos impacted by the Kahnawake decision to pull US licensees include JackpotCity and RoyalVegasCasino. At this time, these casinos have stopped accepting US patrons.