Sports betting laws and regulations

Sports gambling laws differ from place to place. In the US, sports gambling is considered illegal practically in most states save some like Nevada, Montana etc. The legality and general acceptance of sports betting is highly regulated in several 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 being a sports hobby for sports fans to increase their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are plenty of sites that are respectable that do not allow US residents to bet through them although with the advent of the internet and offshore gambling websites it truly is getting more difficult to govern the sports gambling activities of Americans. For quite a while the United States argued up against the online gambling legalities 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. Because the internet was not yet invented during those times, legal experts today question whether regulations actually pertained to the internet services or not.

The Justice Department of America however claimed 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 with it was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from usage of electronic fund transfer or checks, credit cards etc to finance any internet gambling activity.

What was important was the reality that the act dealt just with the funding of internet betting accounts rather than the actual placing of the bet. Therefore an Internet gambling law attorney Lawrence Walters stated that this bill that was passed had no impact on the gambling activity of the person but centered only around the restriction of specific transactions that were financial and concerning the banks and internet gambling sites. Thus the bill did not make internet gambling illegal nevertheless it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction and not the actual act of betting by the individual.

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

The nation of Antigua and Barbuda in 2003 filed a complaint against the US with the World Trade Organization the US (based upon their sports gambling laws and ban on gambling on the net) violated their WTO rights. The WTO ruled for their favor and though the United States appealed the initial ruling was upheld on lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the United States copyright and trademark laws.