Sports gambling laws and regulations

Sports gambling laws differ from country to country. In the United States, sports gambling is considered illegal practically in most states save a few like Nevada, Montana etc. The legitimacy and general acceptance of sports betting is highly regulated in numerous European countries though not criminalized, but Europeans must know the best way to bet tax free – excellent info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as being a sports hobby for sports fans to enhance their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are many sites that are respectable that do not allow US residents to bet through them although with the appearance of the internet and offshore gambling websites it is getting difficult to govern the sports gambling actions of Americans. For quite a while the US argued against the online 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 was not yet invented at that time, legal experts today question whether regulations actually pertained to the internet services or otherwise.

The Justice Department of America however claimed that the Wire Act did relate to all forms of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to raise the US port security. Attached to this was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from utilization of electronic fund transfer or checks, credit cards etc to finance any internet betting activity.

What was important was the fact that the act dealt only with the funding of internet gambling accounts and not the actual placing of the bet. Therefore an online betting law attorney Lawrence Walters stated that this bill that was passed had no effect on the gambling activity of the individual but centered only around the restriction of certain transactions that were financial and relating to 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 web sites illegal criminalizing the financial transaction and not the specific act of betting by 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 frame Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to control 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 internet) violated their WTO rights. The WTO ruled for their favor and though the United States appealed the initial ruling was upheld on plenty of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million as well as the right to penalize the United States copyright and trademark laws.