Posted by: Alicia Middleton in Gambling Expert on January 21st, 2012
Im sure this brief recap will serve to see the progress the states are making in their quests to legalize and regulate online gambling.
1961 The Interstate Wire Wager Act of 1961 bans bets over telecommunications systems that cross state lines or national borders.
2006 – The Unlawful Internet Gambling Enforcement Act of 2006 curbs a boom in online gambling by prohibiting businesses from accepting payments from a bet or wager that involves the use of the Internet. Online gambling sites, which previously generated an estimated $6 billion a year from poker alone, are driven underground.
In 2006, both Ron Paul and Barney Frank strongly opposed H.R. 4777, the Internet Gambling Prohibition and Enforcement Act, and H.R. 4
While most online gambling is not allowed to the Australian public, this does not stop them playing at offshore sites. However, the Government is taking a serious look at changing the law, and currently Australian online sports-betting companies are actually allowed to operate online with restrictions. These companies rightfully claim that with restrictions in place, they have very little chance of competing against offshore sports-betting sites.