The Latest Federal Crackdown on Online Gambling
The latest federal crackdown on online gambling has targeted three of the largest online poker companies, Pokerstars, Full Tilt Poker, and Caesars Entertainment. These companies are operating in a grey area between legality and immorality, and a recent $731 million settlement with the U.S. Attorney’s Office in Manhattan is a clear indication that these companies are liable. However, it should be noted that the settlement amounts may be higher than the actual amounts being wagered.
Online gambling websites are accessible from any computer with internet access. Most of the sites use a PC running Windows, but Macs can now be used. It’s important to remember that the websites are not illegal, but that they are regulated, and it’s also illegal to place wagers on them through an individual. Therefore, you need to know where to play, and whether you can gamble from your computer. If you’re unfamiliar with online gambling, be sure to read the terms and conditions and find out where you can legally play.
Online gambling has become a popular hobby in countries around the world. Legislation is catching up to the industry, and the industry is now regulated. While the prevalence of internet gambling is still low, it is growing rapidly on regulated websites. In Australia, for example, it rose from one percent in 1999 to 8.1 percent in 2011, but a study in the UK found that 16 percent of respondents had played at least one online gambling site in the last four weeks.