Sports betting laws and regulations

Sports betting laws differ from country to country. In the United States, sports gambling is considered illegal in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports gambling is extremely regulated in several European countries though not criminalized, but Europeans need to know how to bet tax free – excellent info at GertGambell.net. “Sports gambling” is considered by legalized sports gambling proponents as a sports hobby for sports fans to enhance their interest in a sporting event thus being a big benefit to leagues, teams and players etc.

There are plenty of sites that happen to be reputable that do not allow US residents to bet through them but with the advent of the internet and offshore gambling websites it is getting difficult to govern the sports gambling activities of Americans. For quite a while the US argued against the internet gambling legal issues by citing the Interstate Wire Act of 1961 passed to stop sports gambling activities between the states by using wire containing devices and the telephone. Because the internet was not yet invented during those times, legal experts today question whether the law actually pertained to the net services or not.

The Justice Department of the US however claimed that the Wire Act did refer to all types of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to increase the US port security. Attached with this was the Unlawful Internet Gambling Enforcement Act that prohibited US citizens from utilization of electronic fund transfer or checks, credit cards etc to fund any internet gambling activity.

What was important was the reality that the act dealt just with the funding of internet gambling accounts rather than the actual placing of the bet. Thus an Internet gambling law attorney Lawrence Walters stated that the bill that was passed didn’t have effect on the gambling activity of the individual but focused only on the restriction of specific transactions which were financial and relating to the banks and internet gambling sites. Thus the bill did not make internet gambling illegal but it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction and not the actual act of betting by the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act as a way to legalize internet sports gambling and at the same time Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites on the web and collect tax on all bets made.

The country of Antigua and Barbuda in 2003 registered a complaint against the US with the World Trade Organization the US (based on their sports gambling laws and ban on gambling on the internet) violated their WTO rights. The WTO ruled in their favor and though the United States appealed the original ruling was upheld on lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million and the right to penalize the US copyright and trademark laws.