Is Online Gambling Legal In The United States?
Online gambling is any type of gambling conducted via the internet, which is accessible to anyone who wants to play. This includes casinos, online poker and online sports betting. The first online gambling venue open to the public, was online ticketing for the infamous Liechtenstein International Poker Tournament in October 1994. Since then, gambling has grown in popularity with people across the world using their laptops, internet connections and mobile phones to access online gambling websites.
When compared to the traditional brick and mortar casino environment, online gambling has a much lower success rates. This is due in part to legislation and lack of regulation in many jurisdictions around the world. Legalized online gambling venues are subject to oversight by local and state governments. Responsible online casino operators take issues such as these very seriously and have compliance programs in place to ensure they are following the guidelines and laws that govern them. Operators are required to periodically submit updated performance reports that include such issues as the percentage of wins and losses in licensed casinos against their stated goals. Successful online casino operators take pride in their operation and operations of regulated online gambling facilities and adhere to all regulations surrounding the business.
Many individuals and organizations that lobby for legalized online gambling want to see it made legal in all fifty states in the United States. There are some people that gamble online and choose to only gamble online in specific states, for example only in Nevada. Because all 50 states have different laws concerning online gambling there is a high risk of becoming involved in gaming activity when playing with an unlicensed website. To minimize this risk, licensed gambling websites allow players to transfer funds between accounts with a recognized bank or credit union and transfer funds to individual accounts with a recognized bank or credit union. This type of protection is not always available on unlicensed gambling websites.