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Sports gambling laws and regulations

April 21, 2017 · by admin2014 ·

Sports gambling laws are different from place to place. In the US, sports gambling is considered illegal practically in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports betting is highly regulated in numerous European countries though not criminalized, but Europeans need to know the best way to bet tax-free – excellent info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as a sports hobby for sports fans to enhance their fascination with a sporting event thus becoming a big benefit to leagues, teams and players etc.

There are many sites that happen to be respectable that do not allow US citizens to bet through them but with the appearance of the internet and offshore gambling sites it truly is getting tough to govern the sports gambling activities of Americans. For many years the United States argued against the internet gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by using wire containing devices along with the telephone. Considering that the internet was not yet invented during those times, legal experts today question whether regulations actually pertained to the net services or otherwise.

The Justice Department of the US however claimed the Wire Act did relate to all types of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to raise the US port security. Attached with it was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from utilization of electronic fund transfer or checks, credit cards etc to finance any internet gambling activity.

What was important was the fact that the act dealt just with the funding of internet betting accounts and not the specific placing of the bet. Thus an Internet betting law attorney Lawrence Walters stated that the bill which was passed had no effect on the betting activity of the individual but centered only on the restriction of specific transactions that were financial and relating to the banks and internet gambling sites. Thus the bill did not make internet gambling illegal nevertheless it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction and not the actual act of betting by way of the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act in order to legalize internet sports gambling and at the same time Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites on the web and collect tax on all bets made.

The country of Antigua and Barbuda in 2003 filed a complaint against the US with the World Trade Organization that the US (based on their sports gambling laws and ban on betting on the net) violated their WTO rights. The WTO ruled for their favor and though the United States appealed the initial ruling was upheld on plenty of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million as well as the right to penalize the United States copyright and trademark laws.

Filed Under: Sports betting · Tagged: sports gambling laws

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