If you’re thinking about trying out online gambling, you should make sure that the website you’re looking at is legit. That’s because legitimate online gambling sites have a license and are regulated by a government agency. Checking the license is important because it proves that the site follows the rules and does not engage in illegal activities. Besides, the site should have a secure environment, which can keep your banking and personal information safe.
The United States Department of Justice has maintained that Internet gambling is illegal. However, a recent hearing of the U.S. House of Representatives’ Judiciary Committee found that internet gambling is not illegal if conducted in the United States. While the Department of Justice is pushing for federal law to ban online gambling, the Fifth Circuit ruled in favor of the states.
Some states have legalized gambling, including online poker and fantasy sports. The 2006 UIGEA has carved out a specific carve-out for games of skill, including online poker. Online poker is currently available to Nevada residents, and Fantasy Sports is a popular offering in the skilled gaming arena. Fantasy sports is a season-long affair that’s fueled by major companies like CBS Sports, Yahoo! and ESPN. Daily fantasy sports wagering has also filled this niche.
The growth of online gambling has led to an industry worth C$50 billion. Millions of people gamble on various platforms every day. Before getting started, however, it’s important to understand the rules of online gambling.