Yes, it is legal to gamble on gambling websites. But, if you’re having trouble because of worries regarding the legitimacy of gambling websites be assured! The current laws and regulations that apply to online gambling websites are targeted at casinos as well as their financial foundation. The bureaucrats and politicians dislike casinos, and have been trying to shut them down for years. There are a myriad of reasons gambling on gambling sites is not legal.
First first, why would the United States government want to interfere with gambling? It’s really quite simple. Gambling is a form of income and business , and in the past casino owners and developers made an enormous amount of money from people who gambled on their sites. Because of some reason, the government doesn’t like making any more money by gambling. For instance, the government has recently tried to block the sports betting website from opening in Nevada as the state felt it would encourage gambling in Nevada. This basically means that there will be no gambling in Nevada.
That’s where the problem is. The state offered to make deposit requirements easier for residents. That means the gambling sites can’t legally charge people a deposit fee and they aren’t able to deny a deposit. The banking laws that were passed by Congress and then signed into law by President Obama allow U. S.citizens to transact online with banks institutions. This means that the banking industry is the one to be cut off from gambling sites, not the site owners.
To my mind, this whole thing has gone too far with the Federal Trade Commission basically stating that there’s nothing wrong with regulating gambling sites. They also cited several states which have legalized online gaming however, they don’t have any control over the laws of the states. Some states have gone so far as enacting constitutional protections against federal attempts at gambling regulation. This means that the only way the Federal government can step in and intervene is if the law in the state is clearly illegal.
I would submit to you that this is a rather absurd decision to the CFTC to take. In requiring state officials to regulate gambling sites that residents of those states want to allow is a misuse of power. In addition, I am concerned about the motivations behind the FTC which appears more interested in impinging on the privacy of Internet users than protecting honest online casinos. The fact that the State Department and the CFTC are saying this is not an overreach of power is ridiculous.
The reason that the United States is the only nation in the world that allows its citizens to gamble online with real money, without any type of regulation, is due to the fact that the state legislatures believed that they could do it without any problem. Many state lawmakers passed legislation to allow live casinos. However the owners of these casinos went to great effort to ensure that they were not regulated. They fought tooth Betano Cassino and nail to ensure that no one was able to play their games online. Why is this? Sportsbet Cassino What is it that means to “protect” the players from “bad eggs”?
Of course, this is not the only way the CFTC has attempted to smear gambling websites online. It has also targeted bookmakers online by trying to force them to admit to making poor bets to their customers. This could be easily declared an overreach of power by the courts and the CFTC’s attempts to impose these rules on bookmakers are likely to fail. This regulation is likely to fail because there isn’t a clear line between permissible or prohibited activity. There is no bright line whatsoever and the fact that many bookies feel they have a right to attempt to force their competitors to admit they made a mistake is not an ideal thing for the public.
There is no way that the US government will jump to regulate gambling online. It is also unlikely that the US is not a large country in terms of managing businesses, and it’s unlikely that the US government will attempt to regulate all gambling sites. There will always be grey areas where gambling is concerned, and at the end of the day, the US should be content to leave the gray areas unaffected and focus on the public safety issues that are a part of all the different forms of gambling. Believing in the advantages and disadvantages of gambling online, is a decision that the US should take.