How Legal is Online Gambling in the US?
The legal issues on online gambling is a never-ending debate and questions between its users and players. That’s why its legality is also ever-changing. But one thing is only constant— it’s good for monetization.
Online gambling started in the year 1997 with about $200 million in revenues. Today, online gambling makes an estimated one billion dollars annually. This is a huge business that not only the site can make and generate money, but also its players.
What makes it special and unique is that it is done online. Less hassle, and more convenient. Which makes it ideal for those people who just want to stay at home and make money while enjoying the game— they no longer need to travel to the nearest casino.
With all these legal issues going on around the online gambling industry, there’s only one thing that US citizens are asking, “is it legal in the US?”. today, we will answer that question.
Legalizing Online Gambling
A lot of things are already legalized in the US, there’s just one thing people often asks about— that’s gambling. If other games and sports betting are allowed around the bushes of the US, then why not is online gambling?
The road to legalizing and regulating online poker was paved just in December 2011 when the US Department of Justice issued a legal opinion on it. Meaning to say it is indeed lateralized in the US. the DOJ also concluded everything outside sporting events that fall outside the Federal Wire Act’s reach.
The news was indeed a victory for online gamblers. Since then, states have been active in celebrating their legal rights to pass online poker legislation. Its legalization also invites other sports betting that has millions or more tax revenue than online poker has.