Thanks to the Justice Department and the Obama Administration, Online Gambling Is Almost Legalized

Online Casino – Boost Enjoyment and Profitability of Betting - Sports India  ShowGet ready for the games to begin online, the Justice Department overturned its long-time stance on online gambling. The Justice Department announced at the end of December that the majority 토토사이트 of online gambling is now legal. This is in the form of non-sport gambling. Some limitation will still apply but at least this will give states a chance to raise money in other ways.

Many states are scrambling to start new gambling forms. In some states the first form of online gambling will start with the state lottery. This will help the state lottery grow. The lottery is already a multi-billion dollar industry but with citizens having the option to order lottery tickets online, this will only raise more money for states.

The second form of gambling will be online poker. This is huge for people who have a passion for poker. Almost a years ago, the Justice Department shutdown poker sites such as Pokerstars.com and so on. Online poker could bring in millions of extra tax revenue for states. This time around the federal government or states could make up their own guidelines. The states that will rush to carry out this would be Nevada and New Jersey. These are two main casino states and they already has the resources and will to start the process of online poker.

Social networks could also tap into this booming market. Networks like Facebook, MySpace, Google+, etc could create an app for easy access to online gambling. Their software will put them in the prime spot to create users for online gambling. These social network already is linked with many business for easy access. Facebook IPO will really blow up if this is the case.

Then you have the mobile devices. In this country 150+ million people have a mobile phone or device. Talk about a market. With this many people will have access to online gambling the next step will be to protect these people from themselves. The last thing we need is people gambling away their life saving b/c of going all in on pocket threes. Just like alcohol, poker rehab program will me mandatory.

The move made by the Justice Department is huge for cash strapped states. This is a free country so letting people gambling online is a no-brainer. I’m sure after a few years the lobbyist who represent Wall Street will try to stop online gambling in the future. The more people gamble online, the less money that goes into the stock market. Unless Wall Street gets into online gambling, then we’re really in deep trouble.

Many people struggle with gambling addiction and online gambling with charge cards make it easier to spend large amounts of money than when gambling at a land-based casino. Many land-based casinos even advise players to leave their cards at home, so that they are not tempted to spend more than they can afford. Visiting online casinos makes this discipline even harder because generally you access these games from home. It is best that you then have someone you trust take responsibility of your credit and debit card while you play so that you do not end up making rash decisions regarding your money.

Some countries and states have designated areas where gambling is legal and those where it is not. This means that you could easily be breaking the law when pursuing online gambling with credit and debit cards. Online gambling is already illegal in the United States of America and this has led to interesting convictions in courts whereby credit card companies are being persecuted for allowing the activity to take place instead of the player for gambling online.

You can no longer use PayPal as a direct payment option for online gambling and the majority of accredited online gambling sites have removed any mention of PayPal. This means that players do not have the option of transferring money from their MasterCard or Visa to PayPal accounts in order to gamble online.

Credit institutions each have their own policies regarding online gambling with credit cards and it is best that you familiarize yourself with those that apply to you and your credit card company. American Express, for instance, offers credit services managed independently from other banking institutions, while MasterCard and Visa is affiliated with many different banks around the world.

If you still want to use your credit card for online gambling, some casinos have developed a method that bypasses PayPal and the credit card bans against online casinos. Simply put, you use your credit or debit card to buy a “gift card”. You then use the gift card in the online casino, and MasterCard, Visa or other card company sees a purchase for a gift card.

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