Sports betting laws and regulations

Sports gambling laws differ from country to country. In the US, sports gambling is considered illegal in most states save a few like Nevada, Montana etc. The legitimacy and general acceptance of sports gambling is extremely regulated in several European countries though not criminalized, but Europeans need to 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 enthusiasts to increase their fascination with a sporting event thus becoming a great benefit to leagues, teams and players etc.

There are plenty of sites that are respectable that will not allow US citizens to bet through them but with the appearance of the internet and offshore gambling websites it truly is getting difficult to govern the sports gambling activities of Americans. For quite a while the United States argued up against the internet gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between states by making use of wire containing devices and the telephone. Considering that the internet had not been yet invented during those times, legal experts today question whether the law actually pertained to the net services or not.

The Justice Department of America however claimed the Wire Act did refer 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 to it was the Unlawful Internet Gambling Enforcement Act that prohibited US citizens from utilization of electronic fund transfer or checks, credit cards etc to finance any internet betting activity.

What was important was the reality that the act dealt just with the funding of internet gambling accounts and not the specific placing of the bet. Thus an Internet betting law attorney Lawrence Walters stated that the bill which was passed didn’t have impact on the betting activity of the individual but focused only around the restriction of specific transactions which were financial and concerning the banks and internet gambling sites. Thus the bill did not make internet gambling illegal but it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction instead of the specific act of betting by way of the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act as a way to legalize internet sports gambling and also at the same time 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 that the US (based on their sports gambling laws and ban on gambling on the net) violated their WTO rights. The WTO ruled for their favor and though the US appealed the initial ruling was upheld on plenty 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.