Online Gambling is a great way to have fun without ever leaving the comfort of your own home. It has many benefits, including the fact that you don’t have to travel far to find a gambling site or even a real casino. In addition, you can win as much money as you want by learning the rules of the games.
Online Gambling is legal in the United States, though the legality of this activity varies from state to state. A 2006 law called the Unlawful Internet Gambling Enforcement Act (UIGEA) limits banks from dealing with unlicensed internet gambling sites. Until now, the Federal Wire Act (the federal law that prohibits gambling) was generally assumed to prohibit all forms of online gambling. However, the Wire Act does not apply to lottery sites, online casinos, or poker sites.
The World Trade Organization (WTO) is a multinational trading organization, which sets trading agreements among its members. In 2004, Antigua and Barbuda filed a complaint with the WTO claiming that the United States’ laws preventing online gambling violated international trade agreements. The World Trade Organization’s panel decided in favor of Antigua and Barbuda, but the United States refused to change its position on the issue.
The law has been under scrutiny by lawmakers. The House of Representatives introduced a bill in 2007 that would soften the federal laws governing internet gambling. The bill would regulate and tax internet gambling businesses, but would not ban their activities in the United States. Another bill, the Skill Game Protection Act, would clarify the Wire Act by exempting certain games from it.