Well as far as i read the bill and from what i read from Nelson Rose, i think this bill gives the states the right to allow in-state online gambling. There is a clause that basically says even if the bet data is routed out of state, if the better and bet taker are in the same state, acting legally, the routing doesn’t change jurisdiction.
From Nelson Rose
Nevada and other states are expressly permitted to authorize 100% intrastate gambling systems. Congress required that state law and regulations include blocking access to minors and persons outside the state.
Tribes were given the same rights, with the same restrictions. Two tribes can set up an Internet gaming system, if it is authorized by the Indian Gaming Regulatory Act. This means that tribes can operate bingo games linking bingo halls on reservations. They can also link progressive slot machines, if their tribal-state compacts allow. But they cannot operate Internet lotteries and other games open to the general public.
It is interesting that Congress decreed that states can decide for themselves if they want to have at-home betting on horseracing, but not on dogracing. Congress also decreed that tribes can operate games that link reservations, even across state lines, but not the states themselves: state lotteries are not exempt.
I think the business week article was pointing this out and that there may be online gaming, state by state. But that isn’t “The online gaming industry”, this industry is devasted.
Nevada has been ready to “turn on” online gambling as soon as the feds allow.