ELI5: Why is online gambling banned in the states? - reddit

why is online gambling illegal reddit

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Why Gambling Should Be Illegal Gambling Invites Problems. Gambling is meant to serve as a recreation. People engage in gambling activities to get rid of their problems, stress, and loneliness. But most often, the contrary happens. Gambling often turns out to be a thoughtless splurge of money and a waste of quality time. It invites problems. The U.S. Justice Department’s decision to expand a federal prohibition on internet gambling will cast a pall on the industry as businesses and state lotteries evaluate the implications of the In most states, engaging in gambling activities online is illegal. Most states will prohibit computer gambling no matter what game the person plays. If the activity has a real-world exchange of money in some manner, it could constitute as gambling. The prohibition against online gaming is largely a result of lobbying by the casino industry, who, for obvious reasons, don't want online gambling to be legal. level 1. [deleted] 1 point · 4 years ago. Online gambling is not illegal in the United States. It IS illegal for a person or company in the USA to offer gambling to US citizens if they are not licensed. That’s why many of the top US gambling sites are based overseas. Most of the other laws related to real money online gambling in America are at a state level, and they vary wildly. From what I can tell, it is illegal for banks to knowingly process transactions to and from online gambling sites .. That said, I'm guessing that the non-US based sites that accept US players are operating illegally, but either a) do not care because they are located in countries w/o extradition or b) our market is so lucrative that it is worth the risk.

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why is online gambling illegal reddit

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