Sports betting laws

Sports gambling laws differ from country to country. In the US, sports gambling is regarded as illegal in most states save a few like Nevada, Montana etc. The legitimacy and general acceptance of sports betting is highly regulated in numerous European countries though not criminalized, but Europeans need to know the best way to bet tax-free – excellent info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as a sports hobby for sports enthusiasts to enhance their fascination with a sporting event thus being a big benefit to leagues, teams and players etc.

There are plenty of sites that are respectable that do not allow US citizens to bet through them although with the advent of the internet and offshore gambling sites it truly is getting difficult to govern the sports gambling activities of Americans. For many years the United States argued against the internet gambling legalities by citing the Interstate Wire Act of 1961 passed to halt sports gambling activities between 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 regulations actually pertained to the internet services or otherwise.

The Justice Department of America however claimed that 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 US port security. Attached to this 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 gambling activity. sure betting football

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 Internet gambling law attorney Lawrence Walters stated that the bill that was passed had no impact on the betting activity of the person but focused only around the restriction of specific transactions which were financial and concerning 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 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 control betting sites online 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 that the US (based upon their sports gambling laws and ban on gambling on the net) violated their WTO rights. The WTO ruled in their favor and though the US appealed the initial ruling was upheld on plenty of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the US copyright and trademark laws.