If you’ve ever wanted to try your hand at online gambling, then you know that it’s a lucrative industry. But as with any other business, there are shills lurking behind the scenes. To protect yourself, you should know everything you can about online gambling. Hopefully, this article will help you make a more informed decision. After all, a smart gambler is a savvy one. Besides, who wouldn’t want to make a little extra cash?
While many states have a strong gambling culture, not all of them have legalized online gambling. Only a handful of states are regulated. In the United States, gambling is legal in all but two states. Nevada, Delaware, and Oregon have strict gambling laws, while the rest of the country is largely unrestricted. In fact, New Jersey’s casinos generate over $80 million in tax revenue each month. New Jersey’s successful iGaming industry is so attractive that the residents have been putting forth initiatives to legalize iGaming in their state. Hopefully, New York can follow suit.
Legality of online gambling varies from state to state. In some states, online casino gambling is explicitly legal. In other states, online gambling is explicitly prohibited. The Federal Wire Act restricts sports betting over “telephone-like devices” (such as a computer), and most top gambling sites are based overseas. However, the vast majority of online gambling laws are state-specific, so there are many variations. In any case, online gambling is not legal everywhere, so be sure to read the rules of your state before you play!