Internet Gambling Regulation, Consumer Protection Act of 2013 is a recent bill introduced by New York Republican Congressman Peter King. This bill aims to establish a single federal standard for online gaming. This will help to make the regulatory process easier. The gambling lobby argues that uniform standards will make expansion strategies easier and legalization easier. The bill also proposes a new office for “gambling oversight,” attached to the Treasury Department. However, some states have rejected the bill because they are apprehensive of its potential effects on the gambling industry.
Despite the federal government’s support of online gambling, individual states have the right to regulate it. The Wire Act of 1961 was drafted before the Internet was widely used, so it does not apply to digital wagering. In 2011, the Department of Justice granted states the right to legalize and regulate online gambling. In 2018, the US Supreme Court overruled the 1992 Professional and Amateur Sports Protection Act, which banned sports betting online. However, regulating online sports betting remains difficult, as states can still impose restrictions.
Internet Gambling is now widely available, which allows players to wager on sports games, keno, and other online casino games. The popularity of online gambling has soared since the late 1990s, when fifteen gambling websites existed in 1996. A report by Frost & Sullivan showed that online gambling revenues hit $830 million by 1998. The first online poker rooms appeared in 1998. A bill was introduced in the US Senate in 1999 called the Internet Gambling Prohibition Act that would have prohibited online gambling to U.S. citizens. The next year, multiplayer online gambling was introduced.
While there are many legitimate online gambling websites, be cautious in choosing a casino. Legitimate online gambling sites have strict security measures in place to protect your personal information. They use industry-standard 128-bit encryption to protect your financial information. Additionally, these sites have independent auditors that test their software before it hits the market. The integrity of the software is another factor in making sure that the online casino is legitimate. And, before deciding to play in a casino, remember that age restrictions do apply in some countries.
Although the popularity of online gambling has increased in the past few years, there are still many countries where it is illegal to play online. Some states in the US and Canada have legalized online gambling, as well as most countries in the European Union. The UK is a great example. Several nations in the Caribbean have also legalized it. To be legal in these countries, online gambling service providers must obtain a license from the Gambling Act.
Another aspect of online gambling is its convenience. Land-based casinos require you to travel to a casino and spend time and money on transportation. On the other hand, a website can feature as many games and betting markets as its web developers can provide. Online casinos make it virtually impossible to get bored while playing because they have everything at your fingertips. You can play your favorite game at anytime of the day. And, unlike the casino you play at in person, you can win real money.