Legal Online Gambling in the US

Legal Online Gambling in the US

Legal Online Gambling is becoming more difficult by the minute. The UIGEA (Unlawful Internet Gambling enforcement Act) was a big headache for many states trying to get onto the board with the new online gambling industry. It blocks most transfers from financial institutions to online gambling facilities. Some logistics hurdles. But what about the tax laws?

Some of the reasons for this include, but are not limited to; the fact that the states are trying to recoup some of the loss from the casinos because they lose money and want to cut their losses. Also, since the majority of states require proof of age, the problem becomes proving that a person over the age of 18 is actually old enough to gamble. However, that is not really a hard thing to do in legal online gambling states. You have to show that you can legally gamble and the type of wager you are going to make. So, basically if you are a kid who wants to bet on a horse race and the race is being held in a state where no legal age limit exists for gambling, then you could be looking at some big trouble.

Legal Online Gambling in the United States is still pretty much a grey area. Some people would say the laws are very good for consumers and the problem of illegal gambling is overblown, however, as with anything that happens in society it will be something that is looked into and dealt with accordingly. Sports betting is one of those things where it is hard to draw the line as to whether or not something is legal or not. That is why it is so important that everyone stays up on all the latest happenings when it comes to sports betting, horse racing betting, even the ever popular Lotto Max game!