Legal Online Gambling

Do you like to gamble? Do you like to do so from the comfort of your own home? Despite some legal and banking related complications, there are still many ways to enjoy legal online casinos and legal online gambling.

In 2006, the Unlawful Internet Gambling Enforcement Act (or the UIGEA) was passed. The UIGEA regulated internet gambling in the United States. It was part of a SAFE Port Act, which itself regulated port security, the republicans tacked the UIGEA on as an amendment knowing no Democratic would vote against a homeland security bill. The UIGEA "prohibits gambling businesses from knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law." But the Unlawful Internet Gambling Enforcement Act excludes fantasy sports (baseball, football, basketball and the like) and certain legal intrastate and inter-tribal gaming.

Controversially, the Act was passed with an assertion that Internet gambling has created a problem for banks and credit card companies. The Act required that within a set time frame (270 days from its passing), a law would have to be created that would help with regulations to block money transactions to gambling sites, as well as to identify them from the outset. This has created complications for the banking industry in regard to on line gambling.

As reported by https://legalgamblingsites.com/, many critics of the UIGEA has proclaimed the law as a failure. They have argued that because there are numerous way to fund accounts by circumnavigating US banks, that has undercut the ability of US banks to perform in this financial arena. He compared it to the U.S. prohibition on alcohol which took place in the 1920s. He made the assertion that people will find a way around the regulations, and that their presence has simple hurt those who could have benefited from web based gambling had the regulations allowed the play to happen but set up proper channels to control and tighten their scope. The banks and the government could have made money from lawful online gambling, rather than the infrastructure moving abroad or underground. In this way, it has been argued, the United States has hurt themselves and the US banking system as a whole in regard to online wagering.

The Unlawful Internet Gambling Enforcement Act notwithstanding, there are still many easy ways to gamble on the Internet. In fact, gambling has become one of the most lucrative, and popular, forms of business currently present on the Internet. People can play many games like legal online slots and legal online roulette among many other casino games. At many shops they offer legal online sports betting too making a true one stop shop. You can play bingo and participate in lotteries. There are many online directories to help you find different avenues for gambling online. This site is one of many different options for exploring the different sites and finding the one that is right for you. These sites will tell you what games can be played where, how much money you need to start, and even has rating systems so that you can see how much other users have liked their services.

With something like Internet gambling, it is good to have a strong and thorough understanding of the laws and regulations regarding it. But once you have done a little of research, get on out there and make yourself some money! Happy playing and good luck!

Top Legal Gambling Sites Online