The Laws That Regulate Online Gambling

online gambling

The laws that govern online gambling vary from jurisdiction to jurisdiction. Some states have already legalized online gambling while others are still debating it. In Canada, online gambling is not as clearly defined as it could be. Although it is illegal for a company to provide services to Canadian citizens without a gambling license, this does not mean that Canadians are prohibited from using an overseas gambling website. So, it is always best to check with the relevant government agencies before you start playing games online.

Thousands of online casinos are now available. Each one has different gimmicks to entice gamblers. There are many options to suit different budgets. Some sites allow deposits of as low as $10 while others require depositing as much as $1000. The various online casinos have different stakes and offer different bonuses and rewards to lure you to play. No matter how much you want to spend, you should still be able to control the amount of money you bet.

There are several federal laws that govern online gambling. In the US, the Federal Act Wire of 1961 prohibits interstate wagering on sports, but does not prohibit other forms of gambling. Another law, the Unlawful Internet Gambling Enforcement Act of 2006, prevents US-based payment processors from participating in online gaming transactions. Despite these laws, most online gaming companies moved operations offshore. And that is not the only way to prevent the United States from being sued by online gambling operators.