Sports gambling laws and regulations

Sports betting laws are different from country to country. In the United States, 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 numerous European countries though not criminalized, but Europeans must know how to bet tax-free – great info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as being a sports hobby for sports enthusiasts 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 will not allow US citizens to bet through them but with the advent of the internet and offshore gambling websites it truly is getting more tough to govern the sports gambling actions of Americans. For quite a while the United States argued up against the online gambling legal issues by citing the Interstate Wire Act of 1961 passed to halt sports gambling activities between the states by using wire containing devices and the telephone. Considering that the internet had not been yet invented at that time, legal experts today question whether the law actually pertained to the internet services or not.

The Justice Department of the US however claimed that 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 US port security. Attached to 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 betting activity.

The thing that was important was the reality that the act dealt only with the funding of internet gambling accounts rather than the specific placing of the bet. Therefore an online betting law attorney Lawrence Walters stated that this bill which was passed didn’t have impact on the betting activity of the individual but focused only on the restriction of certain transactions that 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 and not 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 at the same time Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites on the web 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 US appealed the original ruling was upheld on lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million as well as the right to penalize the US copyright and trademark laws.