Sports betting laws and regulations

Sports betting laws are different from place to place. In the US, sports gambling is regarded as illegal in most states save some like Nevada, Montana etc. The legality and general acceptance of sports gambling is highly regulated in several 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 fans to increase their fascination with a sporting event thus being a great benefit to leagues, teams and players etc.

There are many sites that happen to be reputable that do not allow US citizens to bet through them although with the advent of the internet and offshore gambling websites it is getting more difficult to govern the sports gambling activities of Americans. For many years the United States argued against the internet gambling legal issues by citing the Interstate Wire Act of 1961 passed to halt sports gambling activities between states by using wire containing devices along with the telephone. Considering that the internet had not been yet invented at that time, legal experts today question whether the law actually pertained to the net services or otherwise.

The Justice Department of America however claimed 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 US port security. Attached with it was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from usage of electronic fund transfer or checks, credit cards etc to fund any internet gambling activity.

What was important was the reality that the act dealt only with the funding of internet gambling accounts rather than the actual placing of the bet. Thus an online betting law attorney Lawrence Walters stated that the bill that was passed had no effect on the gambling activity of the individual but focused only on the restriction of specific transactions which were financial and concerning the banks and internet gambling sites. Thus the bill did not make internet gambling illegal but it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction and not the actual act of betting by way of the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act as a way to legalize internet sports gambling and also at the same time Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites online 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 on their sports gambling laws and ban on gambling on the internet) violated their WTO rights. The WTO ruled for their favor and though the United States appealed the original ruling was upheld on lots 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.