Legal USA Online Gambling Pros & Cons Of U.S. Online Gambling
If you are an avid follower of online gambling, you will know that the US is not the best place to be when it comes to online gambling, not at least in the same league as Europe. Because of the laws pertaining to gambling in the USA, there are many online casinos that do not accept players from the USA, and there are those that accept US players, usually from the states in the US where gambling is legal.
Online gambling in the United States is a tricky issue, and there are many Pros And Cons Of Online Gambling In The USA, because of the issues pertaining to the legality of the whole enterprise. In the United States, unlike in many of the other countries around the world, there is no ban by the federal government on gambling. However, this does not mean gambling, especially online gambling, is legal in the United States, because the prerogative to legalize or ban online gambling or any other gambling activity for that matter lies with the different state governments.
In this article, we will discuss about the Pros And Cons Of Online Gambling In The USA.
Gambling in the United States – The Benefits
Online gambling in the United States is not all negative, despite the ban in many of the state governments. If you are a citizen of a state where online gambling is not frowned upon, you can jump straight on to the online gambling bandwagon.
In fact, the Indian Gaming Regulatory Act of 1988 was passed to put together a proper framework to govern gaming in the Indian reservations, something that has been perfectly legal as the reservations operate under federal law. So where do the benefits come into all this? Basically, this means that you can be an American citizen and still gamble online provided you do not break any of the laws that are in operation, in terms of jurisdiction and legality.
The advantages are definitely there – online gambling, if regulated properly, can be a good source of revenue for the state governments. That was how gambling became popular in the first place in the early years, and a number of big establishments today were founded using money raised through this channel then.
For players, the advantages of gambling online in the United States, at USA online casinos, include the standard ones that hold good for online gambling in general. You do not need to travel distances to physically sit at a table in a traditional casino. You also do not need to subject yourself to the different situations that may arise at a traditional casino. Not only that, you also can make use of the large bonuses and promotions on offer at the online casinos that accept US players.
Gambling in the United States – The Disadvantages
The disadvantages in terms of online gambling in the United States are quite a few. There are the standard ones, of course, such as the possibility of losing large amounts of money, gambling addiction, poor customer service, and more. However, besides these, there are other things to consider as well. For instance, gambling online in a location that is part of a state that does not allow online gambling can land you in serious legal trouble. The U.S. has in place certain legislation that, while not banning online gambling itself, makes it illegal for businesses that are into betting to accept money related to online gambling knowingly.
The act, called the Unlawful Internet Gambling Enforcement Act and passed in 2006, was earlier preceded by the Wire Act. There have been moves, however, to make this 2006 act more flexible, including motion to pass laws such as the Internet Gambling Enforcement Act and the Internet Gambling Regulation and Tax Enforcement Act.
The disadvantages of gambling online in the United States are therefore quite serious. You have to ensure that you are in a location where gambling online is legal and also play at casinos that accept US players openly.