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Legal online gambling

Status of gambling online in the states is an ever-changing climate and as such please do not use the text on this page to base your decisions. The status may have changed by the time you read this.

A bill recently passed  by congress and set to become law (you can thank the Republican party by voting them out in Nov) will specifically make it illegal for banking institutions to allow gambling transactions.

The bill which was slipped in at the last minute by the current congress (republican) as a rider on the port safety act (terrorism prevention) actually doesn't say anything new in regards to what effects players other than further steps taken to make it harder for them to gamble online. One such step is to apply more pressure on US banking to stop or prevent gambling transactions.  What this means to you is that due to pressure by the DOJ, banks are now (possibly) going to not allow you to transfer funds back and forth to such ewallets as NETeller.  Surprisingly Firepay (another ewallet solution) has already made a public statement it will comply with the new law should it take effect and its anybody's guess as to whether the other 14 or 15 current funding solutions (including NETeller) will comply or choose to ignore this strong-arm tactic since they all exist outside the borders of the US.

What is apparent to me is that people who want to gamble from the privacy of their own bedrooms are going to do so! And rightly so! What this really boils down to is ... as usual,   money.  The powers that be don't like the fact they can't tax you (even further i might add, ... like they don't get enough taxing you coming and going ...... such as the fact that they tax your purchases, including necessities such as gasoline .... but also your income ... check it out and you'll find the income tax was created during world war 2 and promised to be taken away when the war was over ... which of course never happened ... its true,  check your history and you'll see),  anyway follow the money and you'll always find the reason behind any legislative move.

What's really amazingly ignorant to me is that this is a situation which they can actually win but they don't want to piss-off the religious right-wing by embracing online gambling so in an effort to keep your money in a place where they can tax it ... they choose to make online gambling the villain instead of recognizing the fact its become a 14 billion dollar a year industry which isn't going to go away.

While the jury is still out,  I think its quite unlikely the average US player has anything more to worry about than the fact they may have to wait to receive a cash-out  because it will have to arrive via a check thru snail mail instead of the much quicker way of having NETeller or the likes ... send a transfer to your bank account.

Please note that the above is just one man's opinion and is not legal council.

 

Good News

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