Sports gambling laws and regulations

Sports gambling laws differ from place to place. In the United States, sports gambling is considered illegal in most states save some like Nevada, Montana etc. The legitimacy and general acceptance of sports gambling is highly regulated in numerous European countries though not criminalized, but Europeans must know how to bet tax free – excellent info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as a sports hobby for sports enthusiasts to increase their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are many sites that happen to be reputable that do not allow US residents to bet through them although with the appearance of the internet and offshore gambling sites it truly is getting more tough to govern the sports gambling activities of Americans. For many years the US argued against the internet gambling legal issues by citing the Interstate Wire Act of 1961 passed to halt sports gambling activities between states by making use of wire containing devices along with the telephone. Considering that the internet had not been yet invented at that time, legal experts today question whether the law actually pertained to the internet services or not.

The Justice Department of America however claimed that 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 United States port security. Attached to this was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from usage of electronic fund transfer or checks, credit cards etc to fund any internet gambling activity.

What was important was the reality that the act dealt only with the funding of internet betting accounts and not the specific placing of the bet. Therefore an online gambling law attorney Lawrence Walters stated that this bill that was passed had no effect on the gambling activity of the person but centered only around the restriction of certain transactions that were financial and concerning the banks and internet gambling sites. Thus the bill failed to make internet gambling illegal but it made funding ones bet or wager on the web sites illegal criminalizing the financial transaction instead of the specific act of betting by way of the individual.

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

The country of Antigua and Barbuda in 2003 registered a complaint against the US with the World Trade Organization the US (based on their sports gambling laws and ban on gambling on the net) violated their WTO rights. The WTO ruled in 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.