Sports gambling laws and regulations

Sports gambling laws are different from place to place. In the US, sports gambling is regarded as illegal in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports betting is highly regulated in several European countries though not criminalized, but Europeans must know how to bet tax free – excellent 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 many sites that happen to be reputable that do not allow US residents to bet through them but with the advent of the internet and offshore gambling sites it truly is getting more tough to govern the sports gambling actions of Americans. For many years the United States argued up against the online 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 was not yet invented at that time, legal experts today question whether the law actually pertained to the internet services or otherwise.

The Justice Department of the US however claimed that the Wire Act did relate 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 residents 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 and not the actual placing of the bet. Thus an Internet gambling law attorney Lawrence Walters stated that the bill which was passed had no effect on the betting activity of the individual but focused only around 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 nevertheless it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction and not the actual 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 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 country of Antigua and Barbuda in 2003 registered a complaint against the US with the World Trade Organization that 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 US appealed the original ruling was upheld on plenty of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the United States copyright and trademark laws.