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When discussing online casinos, the question that often arises is “Aren’t online casinos illegal?” Now, this is a difficult question to answer, and is usually mulled about and dismissed. In fact, it is a complicated issue, and one that has no concrete answer.
Online casinos are a lucrative business, with millions of people betting millions of dollars online everyday. However, there are still pitfalls and scam artists that must be considered whenever money is concerned.
Gambling laws will differ state to state. What is okay in Nevada will probably get you a prison sentence in any state run by Mormons or Dutch Puritans. Despite the transient nature of legal vs. illegal, and how this changes depending on where you happen to be standing at that moment in time, Federal law extends into all states and they have a number of things to say about online casino gambling
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As online casino gambling is a competitive business, many casinos offer players a wide selection of sweet deals to get and keep their online patronage. Many casinos offer lucrative sign-up bonuses to their new customers, adding 10 to 50% of their initial deposit to their bankroll. But players need to be patient about getting paid after cashing out. Not only do the casinos have waiting periods, but there are delays on the credit card end as well.
Is the Casino Industry in any real danger from the Unlawful Internet Gambling Enforcement Act? That is the question most people in the industry would like an answer to, and of course at this point it is all speculation, but recent events by the United States Department of Justice seem to indicate that the answer is yes.
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Online Gambling
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