Sports betting laws and regulations

Sports gambling laws are different 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 legality 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 – great info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as a sports hobby for sports enthusiasts to increase their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are many sites that happen to be respectable that will not allow US citizens to bet through them but with the advent of the internet and offshore gambling sites it is getting more tough to govern the sports gambling actions of Americans. For many years the US argued against the online gambling legal issues by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by making use of wire containing devices along with the telephone. Because the internet had not been yet invented at that time, legal experts today question whether the law actually pertained to the internet services or otherwise.

The Justice Department of America 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 increase the US port security. Attached with this was the Unlawful Internet Gambling Enforcement Act that prohibited US citizens from usage of electronic fund transfer or checks, credit cards etc to finance any internet gambling activity.

What was important was the reality that the act dealt just with the funding of internet betting accounts and not the specific placing of the bet. Therefore an online gambling law attorney Lawrence Walters stated that this bill that was passed had no effect on the gambling activity of the individual but focused only around the restriction of certain transactions which were financial and relating to the banks and internet gambling sites. Thus the bill failed to make internet gambling illegal nevertheless 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 in order 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 on the web and collect tax on all bets made.

The country 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 betting 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 lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the US copyright and trademark laws.