Sports betting laws and regulations

Sports betting laws are different from country to country. In the United States, sports gambling is considered illegal practically in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports gambling is extremely regulated in numerous European countries though not criminalized, but Europeans must know the best way to bet tax free – excellent info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as being a sports hobby for sports enthusiasts to increase 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 will not allow US citizens to bet through them but with the appearance of the internet and offshore gambling websites it is getting more tough to govern the sports gambling actions of Americans. For quite a while the United States argued against the online gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between states by using wire containing devices and the telephone. Considering that the internet was not yet invented during those times, legal experts today question whether regulations 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 United States 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 finance any internet betting activity.

What was important was the reality that the act dealt just with the funding of internet betting accounts and not the actual placing of the bet. Therefore an Internet betting law attorney Lawrence Walters stated that the bill that was passed didn’t have impact on the gambling activity of the individual but centered 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 but it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction instead of 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 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 nation of Antigua and Barbuda in 2003 filed a complaint against the US with the World Trade Organization the US (based on 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 as well as the right to penalize the US copyright and trademark laws.