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Illegal Casino Gambling Law Starts to Bend

Because online casino and regular land-based gambling have become more and more popular as time goes on among all gambling fans around the world, the law regarding legal and illegal gambling has begun to bend a bit in various states and counties in the U.S. Online casinos are drawing more players to their virtual doors causing the online casino industry to grow at a rapid pace. But these online gambling venues are still considered illegal by the U.S. federal government. However, that is beginning to change.

‘Clearly, placing, receiving or forwarding a bet, or conducting a lottery, over the telephone or the Internet is illegal, with few exceptions,’ the Attorney General of Kansas’ opinion 96-31 states. Securities and future contracts are exempt, for example, as well as licensed bingo operations, the lottery and certain pari-mutuel betting. Awards for contestants who win strength, skill or endurance competitions are also considered legal, as well as gambling designed to raise money for nonprofit causes. Although online casino sites have not entered the exceptions and exempt lists in the U.S., they have in the U.K. and other European and Asian countries. Regarding the online casino, there are miles to go before this venue sees legalization in the U.S.

In the meantime, online casino sites will continue to operate outside of U.S. borders even though the majority of online casino players are Americans. Laws dealing with casino gambling are constantly under scrutiny and change, and, predictably, will be so for many years to come. Because gambling is a subject that has so many facets, as well as opinions and various levels of support behind it, the future of this area of personal entertainment is still unclear. Hopefully, with time, it will become clearer to all involved.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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