Online gambling is not yet legal in all territories, but it should be in the near future. However, it is safe and can be a fun way to earn some extra money. Moreover, it’s much easier to play slots or bet on a sport online than it is to travel.
While some people perceive gambling as an entertaining activity, others view it as a potential threat to their well-being. For these reasons, many countries limit their online gambling activities.
In the United States, a handful of states have taken steps to regulate and license online gambling sites. In addition, a number of federal laws have been passed to restrict the activities of these companies.
The United States Department of Justice has been investigating three of the largest online poker companies. According to an indictment, these companies were engaging in fraudulent methods to trick banks into processing payments for online poker players.
The Unlawful Internet Gambling Enforcement Act was enacted in 2006. This act prohibits US-based payment processors from facilitating transactions for online gaming sites.
Another federal law, the Safe Ports Act, was signed by then-US President George Bush in 2006. It was meant to stop the illegal transfer of funds to offshore gambling sites.
New Jersey is one of the few states that offer a regulated online gambling market. In fact, New Jersey leads the pack. The state’s gambling sites accept a variety of deposit methods, including credit cards, debit cards, and pre-paid cards. Alternatively, users can use an eWallet with optimal anonymity.