The issue of legalizing gambling has always been quite acute. Each country has its own history of interaction with the gambling industry and its own legislative system. Why are casinos legal in the US? Let’s look at this topic.
Gambling has always raised many questions from both active representatives of society and representatives of the state. However, no matter how many disputes there are and how long the history of gambling legislation in different countries has not developed, gambling remains available in many countries. Including in the American states. However, it is important to note that not all states recognize the legality of online gambling.
Why are social casinos legal in the US? The list of social casinos is quite long, literally everyone can choose a service to their taste and try their luck! However, even here there are nuances. Let’s take a look!
Game History
As we have already said, the history of gambling legislation in America, like most other countries, has undergone changes. Initially, casinos in the United States were legal only in some states, but over time, legislation has been changed to allow casinos in most states. Therefore, although it is possible to play, it is necessary to follow clear narrow rules.
It is also important to note that in addition to legislation, the forms of casinos have changed over time. Electronic formats, an incredible selection of colorful online gambling platforms makes it possible to enjoy the game without leaving home. Whereas before, you could only play at the casino on the ground.
Legislative regulation
Online casinos require strict regulation to ensure player safety, anti-money laundering and other aspects. For example, the UIGEA law appeared in 2006. This is the law on payments in connection with online gambling. There is no indication that social casinos are illegal. The idea is that the law prohibits gambling service operators from accepting payments related to any online gambling that violates the laws. For example, to accept payments from players who place bets over the Internet in a state where gambling is prohibited. At the same time, the law establishes liability only for operators, not for players, and this liability is criminal.
Special criteria
In addition to the fact that casinos must comply with state laws, casino owners should be aware that illegal online gambling must meet several criteria:
-The bid must be initiated and accepted within the same state;
-In order to block minors and players from other states, the game must include age and location verification requirements;
-The bet or wager and the method by which it is initiated and accepted are expressly permitted under the laws of such a state.
Thus, online gambling is allowed in the United States as long as it does not violate federal or state law. Despite the fact that the law actually prohibits placing and accepting bets within several states, in practice it functions differently, since then, many states that have allowed the legalization of online casinos have signed a game agreement.
Insurance deposit
Along with obtaining a license to conduct gaming events, many online casinos must provide proof that they have a security deposit. For all, it varies from hundreds of thousands to several million dollars. This security deposit is necessary so that in the event of bankruptcy and for the payment of winnings and taxes, the online casino does not remain in debt to the players and the state.
Also, most online casinos are managed by a specialized computer cash register system. This software registers, analyzes and controls all transactions that pass through gambling establishments. This is necessary for the safety of the players themselves, as well as for the online casino.
So, to summarize, it is important to note that online casinos really remain a popular entertainment for the general public. The online format is becoming more and more accessible, and the legislation in the country is being transformed. A variety of gambling games makes it possible not only to have fun and relax, but also to earn good money with competent game strategies.
However, remember: gambling is not a way to earn money! Gambling is entertainment and a way to relax. You should not look for an opportunity to earn money on a regular basis, because losses happen regularly even for experienced players. May each game bring only the pleasure of winning to the players!
We wish that luck is always on your side and the winnings make you happy!
