The Legality of Online Gambling

Online Gambling

There are numerous legal online gambling sites that you can try your hand at. These include BetMGM, PokerStars, and the World Series of Poker. In the next few years, more states will legalize the practice. This means that more Americans will have access to the games they enjoy most.

While state laws have made it a little easier to gamble, most states still prohibit gambling in a variety of ways. For example, Illinois residents can’t wager on in-state college sports or contests. But they can bet on many sporting events online.

The legality of internet gambling has been a hot topic for years. The debate has focused on a number of factors. One of the major concerns is that the Internet could be used to transport illegal gambling into a state. Other concerns include the specter of money laundering.

The Unlawful Internet Gambling Enforcement Act (UIGEA) is a federal statute that targets the Internet gambling industry. It regulates both the commercial and legal aspects of gambling. UIGEA was enacted in 2006.

UIGEA is not only a statute, it comes with a few handy tools that can help weed out the specks. Among the tools are the UIGEA’s three pillars: prevention, detection, and prosecution.

In addition to the aforementioned UIGEA, there are several federal statutes that are implicated by gambling on the internet. Some of these statutes include the Wire Act, which makes it illegal to place a bet on a sporting event, and the Illegal Gambling Business Act.