Sports betting laws and regulations

Sports gambling laws differ from place to place. In the US, sports gambling is considered illegal practically in most states save a few like Nevada, Montana etc. The legitimacy and general acceptance of sports betting is highly regulated in several European countries though not criminalized, but Europeans must know how to bet tax-free – great info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as a sports hobby for sports fans to enhance their interest in a sporting event thus becoming a great benefit to leagues, teams and players etc.

There are plenty of sites that happen to be respectable that will not allow US residents to bet through them but with the appearance of the internet and offshore gambling websites it truly is getting more tough to govern the sports gambling activities of Americans. For quite a while the US argued up 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 and the telephone. Because the internet was not yet invented during those times, legal experts today question whether regulations actually pertained to the net services or not.

The Justice Department of America however claimed that the Wire Act did relate to all forms of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to raise the US port security. Attached to this was the Unlawful Internet Gambling Enforcement Act that prohibited US citizens from usage of electronic fund transfer or checks, credit cards etc to fund any internet gambling activity. Take a look at resource blog.

The thing that was important was the reality that the act dealt only with the funding of internet gambling accounts and not the specific placing of the bet. Therefore an Internet betting law attorney Lawrence Walters stated that this bill which was passed didn’t have effect on the gambling activity of the individual but centered only around the restriction of certain transactions which were financial and concerning the banks and internet gambling sites. Thus the bill failed to make internet gambling illegal nevertheless it made funding ones bet or wager on the web sites illegal criminalizing the financial transaction and not the specific act of betting by the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act in order to legalize internet sports gambling and also 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 nation of Antigua and Barbuda in 2003 filed a complaint against the US with the World Trade Organization the US (based upon their sports gambling laws and ban on gambling on the net) violated their WTO rights. The WTO ruled in their favor and though the US appealed the original ruling was upheld on lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the United States copyright and trademark laws.