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Online Casinos: A United States
Perspective
Gambling online has always been in a legal grey area, it has been
technically ...
To make it simpler a casino that would be set up in Europe would be breaking a law if an
individual from the United States...
Analysts from the state
of Nevada have
forecasted the revenues
coming from online
gaming to be in the
range of four to eig...
As Nevada, New Jersey and Delaware are legalizing
online gaming and pushing the envelope further, there
are also states th...
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USA Online Casinos Reviews: A Perspective

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An overview and perspective into legal USA online casinos. All facets of the legalities are reviewed from a players view. Finding the right online casino reviews and bonuses start with understanding if you are actually allowed to play where you life! Learn more about gambling online in the US and how it can ripple in effect.

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USA Online Casinos Reviews: A Perspective

  1. 1. Online Casinos: A United States Perspective Gambling online has always been in a legal grey area, it has been technically been banned in the USA, and it is also illegal for any online casino website to operate within the physical borders of the US. But individuals found a way to gamble online by transferring their money to online casinos based offshore to one of about 70 countries that legally allow online gambling, and it’s not illegal in most cases technically. A lot of potential U.S money is going offshore that would have basically helped our economy prosper. Individuals who do play online on a different countries website are very difficult to prosecute and convict as they are gambling from their homes, but located in other countries making it legal. The DOJ has stated that they do not think the Federal Wire act applies to online poker, as online poker is considered a game of skill, nor do they think it applies to casino games where USA players may deposit real money. Rather they stand by that it is illegal to bet on sports online. Numerous cases have been thrown out regarding prosecuting large companies because it is a legal grey area. Issues of authority of the central government and their state counterparts make gambling laws even more opaque and confusing. The U.S wire wager act of 1961 which states that, "Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility (courts also include the internet under this definition) for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both"
  2. 2. To make it simpler a casino that would be set up in Europe would be breaking a law if an individual from the United States would place a bet on their platform. Even though the government has knowledge that bets are placed on these international gambling platforms they are not in a position to prosecute someone as the bet was placed in another country. Since the players are not prosecuted and an illegal act has been committed we are left with a loophole in the system that many people in the states take advantage of, an approximated 1700 offshore websites accepted bets with an approximate value of $4 to $6 billion (American gaming association, 2001). Of course if one of those online gaming website does try to cheat a player and online gambling is illegal in their locality, the player will have a very difficult time suing the casino. In February of this year a court of appeals has overturned the Federal Wire Act and now states can legitimize online gambling for their own residents as soon as the ruling was accepted. The state of Nevada allowed their residents and the visitors to the state to gamble online at Ultimatepoker.com, and there is a possibility of online gambling being legalized nation-wide as more states are looking towards legitimizing the practice. As soon as the news of Nevada's progressive steps towards online gaming came into light New Jersey also followed suit and legalized online betting for their residents. According to the law the process for registering for the online games would be more complex than just a check box to state age over 21 and an honour system basis of verification. The players have to endure a rigorous account set up process which involves bringing their Social Security Card and their Nevada ID to the casino in person. There are many upsides to regulated online gaming, the Individuals who have not or cannot visit casinos. The people who enjoy the atmosphere of a casino, and the people who just enjoy the risk involved in gambling all these people now have a chance to wager online. The state has the opportunity to gain additional revenue for itself which can be used locally instead of it being diverted off to another country. It is a lesser known fact that the national lottery, which is a form of gambling, actually funds public programs and public schools.
  3. 3. Analysts from the state of Nevada have forecasted the revenues coming from online gaming to be in the range of four to eight billion dollars per year, casinos and private company owners are now looking into opening their own online casino sites to generate more money. Even though there are many positive and redeeming features of the legalization of online gaming it does not mean that there are no downsides. The majority of casinos in Nevada and in New Jersey which are low-grossing companies would have a hard time obtaining a license for this type of move. Therefore the giants of the casino business would once again gain an advantage over the smaller casinos because of their funding and also their brand recognition. In addition to this list, players may see an increase in conservative states pulling out of online gambling entirely which will leave some people in the dark completely. Let us now observe what the future holds for internet gambling in the USA The London stock exchange has estimated that there would be a compounded growth rate of about 20% per year as internet use expands and the richness of the interface increases and legalization takes place in more states. A strong growth in the traffic received by betting exchanges would likely be better for the players as the odds would improve as the cost structures for the operators lower. There would probably be an explosive growth in the mobile gambling industry as it is an extension of the online casinos. Also according to some researchers there would be an increased prevalence of online counselling services as problem gambling may increase due to the online gambling legalization act. Problem gambling would possibly increase as the individual playing on the computer, like in the physical casinos would still be trying to bet good money after the money they loose and also they would be highly involved and immersed in the gambling experience that they would probably lose track of time and the amount they spend. Another possible downside to the legalization could be the emergence of scam companies that would look real on the surface but be cheats underneath. This has happened in almost every country that regulates online casinos.
  4. 4. As Nevada, New Jersey and Delaware are legalizing online gaming and pushing the envelope further, there are also states that are enacting measures to block online gaming completely. As of now the status of online gambling remains solely in the hands of the state governments and hopefully someday in the not so distant future, everyone would be able to play online on an interstate gambling platform. For more information, read the latest USA online casinos reviews at Casinobonusandfreechip.com and find your real money casino bonuses to play the new slots and games. A USA casino review can help players understand more about the features and types of games offered, as well as the best way to make a deposit and cash out, by reading the unbiased opinions of other people. A casino bonus is nothing more than a code used before making the first deposit that would either add more money to the initial amount deposited, add free spins automatically, or a combination of both. The sites featured there seem to comply with the laws in their country and will simply not accept registrations from states that outright ban the practice. *Although I love to write about gambling online, I am not a lawyer and none of this should be taken as legal advice. I encourage you to research your local laws and only play at safe and trusted sites.

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