Sports betting laws
Sports gambling laws are different from country to country. In the US, sports gambling is considered illegal in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports gambling is extremely 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 regarded by legalized sports gambling proponents as being a sports hobby for sports enthusiasts to increase their interest in a sporting event thus being a big benefit to leagues, teams and players etc.
There are many sites that are respectable that will not allow US citizens to bet through them although with the appearance of the internet and offshore gambling websites it is getting more tough to govern the sports gambling activities of Americans. For quite a while the United States argued up against the online gambling legalities by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by using wire containing devices and the telephone. Because the internet had not been yet invented during those times, legal experts today question whether the law actually pertained to the net services or not.
The Justice Department of the US however claimed that the Wire Act did refer 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 to it 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 wiki
The thing that was important was the reality that the act dealt only with the funding of internet gambling accounts rather than the specific placing of the bet. Therefore an Internet betting law attorney Lawrence Walters stated that this bill which was passed didn’t have impact on the gambling activity of the individual but focused only on the restriction of specific transactions which were financial and relating to the banks and internet gambling sites. Thus the bill did not make internet gambling illegal nevertheless it made funding ones bet or wager on the web sites illegal criminalizing the financial transaction instead of the specific 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 on the web 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 internet) violated their WTO rights. The WTO ruled for their favor and though the US appealed the original ruling was upheld on lots 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.