Is online gambling legal (going few years back, how is today and the future of online casinos)

It is very confusing to answer this question. Though technically online gambling is illegal in many countries but rarely online players have been convicted and prosecuted since it has become popular all over the world. Most of the online casinos are located outside USA because the operation of gambling websites is illegal in many state of USA. But still there are many countries which have permitted the gambling sites to setup their shops. These countries include New Zealand, Australia, Denmark, South Korea, France, Finland, certain provinces of Canada and Germany etc.

Working of online gambling sites

You will have to agree with the terms and conditions of the gambling website after registering with them. It is your responsibility to confirm whether online gambling is legal in your country or not. You should also know about the rules and regulations regarding the age of gambling players in your state. But the money you have won by playing online gambling games can be forfeited by the local authorities if online gambling is illegal in your area.

Problems in making online gambling legal

Main problem in making online gambling legal is non-availability of clear information about the controlling authority and his jurisdiction to make laws. For instance, the use of electronic wires to transit bets to the place where gambling is illegal has not been legalised by the U.S. Wire Wager Act. But, the US government is not legally authorised to prosecute an online casinos of Netherlands if a US player plays online games on that site. Thus such laws become useless if an illegal activity of the players cannot be prosecuted. However, the player will have to face difficulty in suing an online casino if the online gambling is illegal in his state and he is cheated by an offshore online casino.

Regulation of online gambling

In order to control the operations of online casinos some of the countries have designed strict regulations and guidelines to allow their operations. These rules and regulations can help in ensuring that the odds published by the online casinos match to the odds programmed in their games and the players’ wins are paid out by the online casinos. In some of these countries like Finland and Australia these regulations are strictly followed whereas some countries are interested in charging taxes from such casinos instead of ensuring the fairness of their operations.

Future of legality of online gambling

Though rules and regulations on online gambling have not been clearly defined all over the world till date but its future seems to be bright as it is becoming one of the most profitable businesses on internet. You can find hundreds of online gambling websites, owned by a number of companies, offering various types of wagering options, games, jackpot offers, betting odds, promotions and bonuses etc. on the internet these days. Though millions of people visit these websites regularly to try their luck or have fun but all of them are not allowed to gamble there. Most online casinos allow them to navigate their website only after confirming the player is over 18 years of age.

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