Sports gambling laws and regulations

Sports betting laws are different from country to country. In the United States, sports gambling is regarded as illegal practically in most states save a few like Nevada, Montana etc. The legitimacy and general acceptance of sports gambling is highly regulated in several 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 a sports hobby for sports enthusiasts to increase their fascination with a sporting event thus becoming a big benefit to leagues, teams and players etc.

There are plenty of sites that happen to be respectable that will not allow US residents to bet through them although with the advent of the internet and offshore gambling websites it truly is getting difficult to govern the sports gambling activities of Americans. For many years the US argued against the internet gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by using wire containing devices along with the telephone. Considering that the internet had not been yet invented at that time, legal experts today question whether regulations actually pertained to the internet services or not.

The Justice Department of the US however claimed 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 United States port security. Attached to 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.

What was important was the fact that the act dealt only with the funding of internet gambling accounts rather than the actual 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 gambling activity of the individual but centered only on the restriction of certain transactions that were financial and concerning 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 actual 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 Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites online and collect tax on all bets made.

The country of Antigua and Barbuda in 2003 registered a complaint against the US with the World Trade Organization the US (based on their sports gambling laws and ban on betting on the internet) violated their WTO rights. The WTO ruled in 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 as well as the right to penalize the United States copyright and trademark laws.