Is the Gambling Online Problem Resolving itself?

Is the Gambling Online Problem Resolving
Gambling online is any type of gambling conducted via the internet. This includes casinos, live
casinos and virtual poker Victory996 Malaysia. The first online gambling site opened for the public, was online
ticketing for the first ever Liechtenstein International Poker Tournament in 1994. Since then
there have been more online gambling sites opening each year and each one gambling online
has become a hit with players from all around the world.
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It is not surprising that most online gambling sites are fully regulated by countries outside of the
USA such as England, Spain, the Netherlands and France. These countries have many rules
and regulations to ensure fair play for both the casinos and the players In the US online
gambling is not governed by such regulation or supervision, but many players feel that it lacks a
certain protection from fraud. Many sites offer “unlimited” games which seems like a good thing
until you realize that you can’t wager real money on them. You can, however, play for free or
play mini-rounds for your friends.
The UIGEA (Unlawful Internet Gambling Enforcement Act) regulates the various aspects of
online gambling in the United States including state regulation, taxation and the collection of
taxes. The UIGEA makes it illegal to transfer money to an online casino account from a United
States financial institution or from a credit card or debit card. The UIGEA also makes it illegal to
conduct specified transactions with respect to gambling online including transferring funds to an
online gambling website. As a result of this act online gambling has come under serious attack
from many quarters.
However some states have attempted to pass laws that attempt to uphold the rights of the online
gambling sites against undue prosecution. For example, in Florida a law was recently passed
requiring all casinos to register with the state before offering credit or debit card transactions.
Similarly in Nevada the state government seeks to regulate all online gaming in the state as well.

Although all the states in the US are trying to impose some sort of measure of control on online
gambling sites many of them are failing to do so successfully. To make matters worse the World
Trade Organization is attempting to impose strict regulations on all US based gambling websites
which could effectively ban them.
This situation has been taken by many punters by surprise and one of the biggest questions they
have is whether the World Wide Web offers any protection against unfair gambling practices. To
be very blunt the answer is that they don’t. One reason why they don’t is because the practices
that they are trying to ban such as payment of winnings via the World Wide Web are not new.
You have seen people win big using their mobile phones to wager on sports betting websites.
The problem is that the online gambling industry has adopted this practice over the past two
years and then took it up a notch by creating a completely separate industry for mobile gambling.
Therefore it would appear that no matter how hard the US government tries to regulate it will
never be able to put a stop to it.
Another area where online casinos are being hit hard by the change in attitude of the American
public and the recent court rulings is in the area of bonuses and wagering. Where in the past
bonuses were given on winning the game players would receive what was known as an in-game
bonus. Players were also offered real money bonuses for making sure that they hit a certain
quota of wins. This in-game bonus system was widely regarded as both dishonest and illegal.