The Legality of Online Gambling

Online Gambling

The rise of online gambling began in the 1990s. At first, it was considered an end-run around government regulation. Operators established their businesses in offshore jurisdictions. This gave anyone with a computer and a credit card access to online gambling sites. As the popularity of online gambling grew, Congress and the Department of Justice began to explore the possibility of regulating the industry.

Online gambling is not yet legal in every state. In 2011, Nevada and Delaware legalized online poker and casinos. New Jersey legalized online casinos in 2013. Since then, over eighty million dollars a month is generated in tax revenue. Other states are considering legalizing online casinos. Missouri, South Dakota, and Arizona have already put forward initiatives to do so. New York could follow suit in the coming years.

There are many legalities surrounding online gambling in Canada. Some provinces have legalized online gambling, while others have banned it altogether. In many countries, a minimum age is required to participate in online gambling. For example, in Canada, players must be 18 years old to play at an online casino. Other jurisdictions may not permit gambling, but may allow gambling without a license.

The online gambling market is highly fragmented, with a mix of regional and global players. To remain competitive, major players are focused on mergers and acquisitions, product innovations, and expanding their brand portfolios.

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