Legal Online Betting - A Detailed Look Into USA Betting
Legal online betting began in 1994 when the twin-island Caribbean nation of Antigua and Barbuda passed the Free Trade & Processing act. This allowed licenses to be given to companies for opening online casinos. Legal casino betting continued to evolve in 1996, when the Kahnawake Gaming Commission was formed. As a regulatory branch of the Mohawk Territory of Kahnawake in Quebec, Canada, they began policing and issuing licenses to worldwide legal online casinos and poker rooms. This marked the first attempt to regulate legal U.S. online betting by providing fair and transparent operations.
By 1997, online gambling had exploded in popularity, with more than 200 websites offering online casinos, up significantly from 15 websites in 1996. A report by respected Market Research firm Frost and Sullivan showed that way back in 1998, legal online betting revenues had reached an impressive $830 million globally. That was also the first year that legal poker betting appeared on the World Wide Web in the form of the currently popular Internet poker room. And interactive multiplayer gambling online began a year later, allowing a community type of experience, with the ability to chat with other players.
All in all an industry which is less than 20 years old, legal online betting is still in the early and informative stages of growth, with more and more players asking the question: is gambling on websites legal? H2 Gambling Capital, a leading gambling industry marketing, data and consulting firm, has estimated that online gambling as recently as 2008 generated more than $21 billion in global revenue. And there are currently many forms in which players from the US and around the world can enjoy some responsible and legal online betting. Legal Online Sports betting and casinos are popular worldwide, while the popularity of legal online poker on the Internet increased exponentially after the World Series of Poker win by amateur Chris Moneymaker in 2003. The accountant earned a seat in the $10,000 buy-in event by winning a $40 satellite and went on to win the $2.5 million first place prize.
Legal bingo betting online has just recently become extremely popular, mirroring the land-based growth bingo saw in the 1970's. And legal horse betting is also offered, either at specific horse betting websites, or more commonly as one feature of an online sportsbook. Websites like Buzz Luck, Lucky Red and Club USA offer a collection of online slots, video poker, progressive and table games electronically, while also delivering legal US online casinos to american players as well as the rest of the world. And sites like Bovada have years of experience offering legal online betting in a "one-stop shopping" environment, with an online sportsbook, casino, poker room and horse betting venue all at one site.
Current Status Of Online Betting Legality
In the United States, the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) was passed to regulate online gambling in that country. The law placed strict regulation on how online gambling transactions could be processed. However, the American US Department of Justice in 2011 allowed for wagering on horse races and lotteries online, as well as deciding that each state in the US should decide its own online gambling destiny. Since then, New Jersey, Delaware and Nevada have legalized some form of online wagering, with multiple states pushing forward with Internet gambling legislation as well. Legal online betting has many faces, and in the current atmosphere of increased popularity across social and economic borders which are easily transcended by the World Wide Web, will continue to change and grow in its many forms. While the legal and political landscape surrounding online gambling remains active and lawful, there are already some fantastic legal betting sites listed below to enjoy!
Legal USA Betting Sites
|Casino Name And Link||Bonus Offer||USA||Review|
|Bovada Casino||Welcome Bonus Worth Up To $3000||Review|
|Luckyred Casino||400% Match Bonus Up To $4000|
|Slots.lv Casino||100% Free Bonus Up To $500 x10||Review|
|Sun Palace Casino||400% Up To $10000 x7 Days No Max||Review|