Internet Gambling Legal Issues
Long ago gambling was just a pastime but when it started involving the real money betting, legislation realting casino gambling was developed in most countries. However while most ground-based businesses suffer from the new legislation online gambling is developing and flourishing. Today you can see a great number of ads over the Internet that promote various Internet gambling venues and invite the players from different countries to wager money online and spend cash on casino roulette, blackjack, poker and other games on the Internet. Is it really so easy to make good money online from various corners of the world?
It is not surprising that almost all big online and ground players are from the USA. The heart of gambling, Las Vegas, where the biggest and most popular land gambling spots are located, is situated in the USA, Nevada. Most of the Internet gambling halls are based in the Caribbean and European countries and gambling business brings big money for the local budget and creates additional jobs for locals.
According to the Justice Department online gambling is illegal on the territory of the USA and the use of the communication wires for betting is not allowed by the Federal Wire Act. Thus the law does not allow Internet gaming portals to accept wagers from the US players via credit cards. Yet the law does not deal with another kind of gambling that's why many states allow ground-based casinos. Furthermore, it is impossible to influence gambling in the other countries in which the local legislation does not prohibit it. At last, the number of various payment methods allows the gamblers from different countries use the services of online casinos.
The launching of online gambling business without the license is illegal in the United States. However, in case the owner of the business wishes to get license there are no authorities granting gaming licenses in the USA. The World Trade Organization that regards the US actions forbidding gambling activities agrees with the local legislations that ban any kind of gambling in Louisiana, Utah, Massachusetts, and South Dakota. For more information on online casino games, live gambling shows on TV and the popularization of casino gambling you can refer to wikipedia.
Some of the European countries, for instance the UK, start to legalize Internet gaming. Evidently, the licensing of all Internet gambling halls will help to prevent money-laundering and better the gambling conditions for all the gamblers. In addition, it will help the local government to fight against the under-age gambling and make Internet casino business more secure than it used to be. But it won't help to fight against gambling addiction that becomes more and more evident.