The risk of gambling on lawful activity is worth the trouble and costs?
It is legal to gamble on gambling sites. However, if you’re stalling because of worries about the legality of gambling websites you can rest assured! The laws and regulations in place that target online gambling sites are directed at the casinos and their financial base. The bureaucrats and politicians don’t like the casinos, and have been trying to shut them down for a long time. Gambling on gambling sites is illegal, and there are many double freecell reasons to this.
First what is the reason why the United States government want to interfere with the gambling of people? It’s really simple. Gambling is a source of revenue and a commercial. The past was when casino developers and owners made a lot of cash from gamblers. The government isn’t happy with the government making more money from gambling. For instance, the government has recently tried to block a sports betting site from opening in Nevada, because the state was of the opinion that it could encourage gambling in Nevada. That basically means no more betting in Nevada.
That’s where the problem is. The state has offered to make deposits easier for residents. That means the gambling sites cannot legally charge deposit fees and they cannot deny a deposit. Due to the banking regulations passed by Congress and signed by President Obama, U. S.residents are allowed to conduct transactions online through banks. The banking industry will be the one to stop access to gambling sites, not site owners.
The Federal Trade Commission has basically stated that it is okay to regulate gambling sites. They also mentioned a number of states which have legalized online gaming but they do not have any authority over the laws of the states. In fact, several states have gone as far as to enact constitutional safeguards against federal attempts to regulate gambling. The only option to allow the Federal government to intervene is if the law of the state is not legally enforceable.
I would submit to you that this is a rather ludicrous position for the CFTC to adopt. The CFTC’s decision to force state officials to regulate gambling websites that residents of those states would like to open is a misuse of power. Furthermore, I question the motivations behind the FTC that seems more interested double freecell in impinging on the privacy of Internet users than protecting legitimate online casinos. The fact that both the State Department and the CFTC claim that this is not an misuse of power is ridiculous.
The reason why the United States is the only country in the world that allows its citizens to gamble online with real money, with no type of regulation, is because the politicians in the states thought that they could do it without any problem. Many state lawmakers passed legislation to allow live casinos. However, the casino owners went to the extremes to ensure they were not regulated. They struggled tooth and nail to make sure no one could watch their online games. What’s the reason? What does it mean to “protect” players from “bad eggs?”
The CFTC has also attempted to block online gambling websites in other ways. It has also gone after bookmakers online by trying to force them to admit to making bad bets on their customers. This could easily be declared an overreach of power by the courts and the CFTC’s attempts to impose these rules on bookmakers will likely fail. The reason this regulation is likely to fail is because there is no clear distinction between permissible and illegal activities. There is no definitive line and a lot of bookies believe they can compel their rivals to admit that they have made wrong bets.
There is no way that the US government will be quick to regulate gambling online. The US isn’t a large country with regards to regulating businesses, so the chances of the government attempting to regulate all gambling sites is unlikely. There are always grey areas in the gambling industry but in the end, the US should be content to leave these areas alone and concentrate on the safety concerns for the public that surround various forms of gambling. The US should consider the advantages and disadvantages of gambling online.