What You Need to Know About Online Gambling

Online Gambling

While federal regulations currently prevent online gambling, individual states may pass their own legislation to regulate it. In some states, horse betting is allowed, while others may prohibit online poker and casino games. As of today, only three states have passed laws regulating online gambling, including Nevada. Others, including New Jersey, have begun the process of passing legislation to legalize this form of gambling. In the meantime, many more are considering legislation relating to this type of gambling.

The Internet was commercialized in the late 1990s, and online gambling first arose. In 1996, fifteen websites existed, and by 1997, more than 200. A Frost & Sullivan report reported that internet gambling revenues reached $830 million that year. In 1999, online poker rooms appeared, which led to the introduction of multiplayer online gambling. In the United States, players could participate in tournaments or play actual cash games. The Internet Gambling Prohibition Act of 1999 was introduced in the US Congress.

The first thing to know about online gambling is that it is much safer and more convenient than visiting a land-based casino. In some cases, you can even play slots on your mobile phone, or place bets on your favorite sports teams. But you must remember that the internet isn’t a safe place for underage gambling, and you can’t gamble if you’re underage or have a criminal record. Therefore, make sure you research the gambling laws in your area before you decide to play online.