US Online Casino Gambling Information
Online Casinos were unheard of in the eighties and early nineties, gamblers would need to visit a legal, real, tangible and land-based casino to wager a bet or indulge in some real-money poker. In 1994, one nation changed the course of gambling, Antigua and Barbuda passed the Free Trade & Processing act. This essentially allowed licenses to be granted to those that were seeking to open online casinos.
The inevitable boom in online gambling
Despite the obscure legal restrictions, the risks of online attacks and the insecurities regarding the financial transactions, online gambling has risen like a true dark horse. It is becoming increasingly popular with tens of thousands of new people discovering the world of online casinos every single day.
7 years ago, H2 gambling capital estimated the revenue generated through online gambling at a whopping $21 billion. Yes! Billion! Unofficial reports and studies suggest that that number had easily doubled by 2014.
Some States in the nation have recognized the sheer amount of money they can generate by the taxation of online gambling and have proceeded to legalize the practice. Nevada, New Jersey and Delaware have completely legalized online gambling and at least a dozen other states are set to follow in their footsteps in the near future.
Making sense of the legalities
There is still a lot of confusion regarding the legalities of online casinos USA. This is mostly because the federal law maintains that online gambling is legal, but each individual State is allowed to regulate or illegalize the practice if they wish to. To complicate things further, some States allow all gambling, some allow some types of gambling and some allow none. It is a little challenging to wrap your head around all the legal technicalities, but what you need to know is that none of the restrictions are proving to be a threat to the industry as it is very difficult to enforce the laws and actually convict millions of people sitting behind computer screens all over the country.
Even the states that have illegalized online gambling have done so for moral reasons, statistics show that women oppose the notion more than men and conservatives more than liberals. No surprises there! It is only a matter of time before the financial advantages outweigh the narrow minded mentality that gambling is immoral.
Forms of online gambling
Real land-based casinos are a lot of fun but at the same time they can get really distracting. Online gambling may soon become first priority for the seasoned punter. They will lean towards online gambling because it is convenient and can be accessed from the comfort of one’s own home.
The ever expanding industry is full of online casinos competing against each other for monopoly in the cut throat business. This is good for the players because they get excellent service and lucrative bonuses. To improve their grip on the industry, online casinos offer all forms of online gambling.
Poker: online poker tables offer texas hold em, Omaha and every other variation of the game. Pokerstars and full tilt poker are some of the leading online poker rooms.
Casinos: Play slot machines, roulette, black jack and many other games.
Sports Betting: Bet on soccer, football, cricket, hockey, UFC and virtually any other sport.
Bingo: play 75-ball, 90-ball and all other variations of Bingo. There are tons of online bingo rooms to choose from.
Horse racing: bet on your favorite horse or your favorite jockey or your favorite trainer all from the comfort of your own house.
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