Despite the hype and the enticing bonuses, online gambling has a dead season. The weather is nice, people want to go out and enjoy the outdoors. Online gambling businesses must find ways to keep the business going. To this end, they offer generous bonuses and promotions during the summer months. These promotions will eventually be phased out. During winter, online gambling businesses offer less generous promotions. Luckily, holidays are a lucrative time for online gambling businesses.
Though many states are moving toward legalizing online gambling, this activity still attracts a high amount of fraud and money laundering activities. As such, regulators and legislators are watching closely. While online gambling is legal in some states, its regulation is still in its early stages and will continue to develop state-by-state. In the meantime, a few states are introducing legislation that will regulate online gambling. To avoid falling victim to these laws, it’s important to do your homework.
Although it’s impossible to predict whether a federal law will be passed anytime soon, the pressure is building to regulate the industry. One such proposal is from Nevada Republican Senator Dean Heller and Republican Congressman Joe Barton. In the end, the pressure will be on to make state gambling law uniform. States are all about revenue generation. If you want a complete casino experience, online gambling is a great option. However, online gambling should be regulated, because the risks of addiction and money laundering are too great.