US Online Casinos
rizza | 07/23/2008
US Online Casinos
Author: Riza
The reasons for this are that in some areas, online gambling is illegal altogether, in others, there are restrictions placed on funding online gambling accounts and in others online gambling is completely legal and regulated. There are eleven states where most of the online casinos will not accept US players . In fact, in Louisiana and Washington, it is considered a felony to gamble online.
Click here to visit The Best Online Casino:
http://www.casino888.name
The history of the legality of online gambling and online casinos in the United States
is long and ever-changing. It began with the Wire Act of 1961 and is still changing to
this day. In November 2002, the United States Court of Appeals for the Fifth Circuit ruled
that the electronic transfer of information for sports betting across state lines is
prohibited. However, Internet gambling on a game of chance was not prohibited. All online
US gambling sites had to have a license and at that stage no states were granting online
gambling licenses, therefore only existing sites could operate. Many moves were made
over the years to make US online gambling illegal altogether. An Act was passed in 2006
that made transactions from banks to online gambling sites, illegal. The United States
Department of Justice claims that its biggest concern regarding online gambling is online
money laundering. It suggests that as the Internet is largely anonymous and its use of
encryption makes it especially difficult to trace online money laundering transactions.
In June 2007, however the Skill Game Protection Act was introduced. The aim of this act
was to legalize Internet poker, bridge, chess and any other game of skill. In other words,
it would allow Americans to legally bet online ? that is to bet in online casino gambling
games. Another act called the Internet Gambling Tax Act was also introduced around this
time with the aim to legislate tax collection requirements for Internet gambling.
The bottom line, it seems, is that the restrictions to US online gambling are to the
transfer of funds by US companies and institutions. The restrictions do not apply to the
actual gamblers themselves, per se. Therefore, as long as Americans are aware of the
restrictions placed on them and understand the difference in restrictions between the
states, they should be able to happily gamble online. In 2005, 4% of Americans said that
they gambled online, although the majority of those said that they began online gambling
in the last two years.
There are many websites that provide information for US players regarding which casinos
accept US players . For those that do accept US players , it is important to find out the
method of making deposits and withdrawing funds in order to be able to bet legally.
Click here to visit The Best Online Casino:
http://www.casino888.name
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Author: Riza
The reasons for this are that in some areas, online gambling is illegal altogether, in others, there are restrictions placed on funding online gambling accounts and in others online gambling is completely legal and regulated. There are eleven states where most of the online casinos will not accept US players . In fact, in Louisiana and Washington, it is considered a felony to gamble online.
Click here to visit The Best Online Casino:
http://www.casino888.name
The history of the legality of online gambling and online casinos in the United States
is long and ever-changing. It began with the Wire Act of 1961 and is still changing to
this day. In November 2002, the United States Court of Appeals for the Fifth Circuit ruled
that the electronic transfer of information for sports betting across state lines is
prohibited. However, Internet gambling on a game of chance was not prohibited. All online
US gambling sites had to have a license and at that stage no states were granting online
gambling licenses, therefore only existing sites could operate. Many moves were made
over the years to make US online gambling illegal altogether. An Act was passed in 2006
that made transactions from banks to online gambling sites, illegal. The United States
Department of Justice claims that its biggest concern regarding online gambling is online
money laundering. It suggests that as the Internet is largely anonymous and its use of
encryption makes it especially difficult to trace online money laundering transactions.
In June 2007, however the Skill Game Protection Act was introduced. The aim of this act
was to legalize Internet poker, bridge, chess and any other game of skill. In other words,
it would allow Americans to legally bet online ? that is to bet in online casino gambling
games. Another act called the Internet Gambling Tax Act was also introduced around this
time with the aim to legislate tax collection requirements for Internet gambling.
The bottom line, it seems, is that the restrictions to US online gambling are to the
transfer of funds by US companies and institutions. The restrictions do not apply to the
actual gamblers themselves, per se. Therefore, as long as Americans are aware of the
restrictions placed on them and understand the difference in restrictions between the
states, they should be able to happily gamble online. In 2005, 4% of Americans said that
they gambled online, although the majority of those said that they began online gambling
in the last two years.
There are many websites that provide information for US players regarding which casinos
accept US players . For those that do accept US players , it is important to find out the
method of making deposits and withdrawing funds in order to be able to bet legally.
Click here to visit The Best Online Casino:
http://www.casino888.name
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