Sports betting laws and regulations

Sports gambling laws are different from country to country. In the United States, sports gambling is regarded as illegal practically in most states save some like Nevada, Montana etc. The legitimacy and general acceptance of sports gambling is extremely regulated in numerous European countries though not criminalized, but Europeans need to know the best way to bet tax-free – great info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as 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 plenty of sites that happen to be respectable that do not allow US residents to bet through them although with the appearance of the internet and offshore gambling sites it is getting more tough to govern the sports gambling activities of Americans. For quite a while the United States argued up against the internet gambling legal issues by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by using wire containing devices and the telephone. Because the internet was not yet invented during those times, legal experts today question whether the law actually pertained to the internet services or not.

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

The thing that was important was the fact that the act dealt just with the funding of internet gambling accounts rather than the actual placing of the bet. Therefore an online gambling law attorney Lawrence Walters stated that the bill which was passed didn’t have impact on the gambling activity of the person but focused only around the restriction of specific transactions which were financial and relating to the banks and internet gambling sites. Thus the bill failed to 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 in order to legalize internet sports gambling and at the same time frame 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 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 original 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.