Online Sports Betting

Online Horse Racing Betting

Online Fantasy Sports Games

Legal Gambling



Newsletter

Online Gambling - Many questions, Few Answers

03/21/2019
When the US Supreme Court finally unleashed the sports betting beast in May of 2018, the entire gambling industry began feeling the rumblings. From one state to the next, decisions were being made at break-neck speed to decide the fate of sport gambling in each respective state. 

While that has manifested into 10 states now allowing its residents to bet on sports, the next wave of changes is underway. If sports betting is legal, why wouldn't it be legal to wager on sports online or through mobile devices? If people are going to be allowed to wager on sports online or through mobile devices, shouldn't they also be allowed to play casino games online? 

There are very interesting questions all tied together under one umbrella. At this point, four states (Delaware, Nevada, New Jersey and Pennsylvania) allow residents to play casino games online. New Jersey is allowing residents to wager on sports online as long as deposits are made in person at designated land-based casino sites. 

With as many 30 other states working to get gambling legislation in place in several different areas, everything seems in disarray. While sports gambling is on its way to legalization is most states within the next two years, the issue is not as clear as it pertains to any form of online gambling. In fact, the entire online gambling community is holding its breath while the Department of Justice makes a final decision regard its prior 2011 interpretation of the 1961 wire act that bans electronic transfers, including credit/debit cards, to fund gambling accounts. 

Meanwhile, states like New York are busy debating the pros and cons of online gambling. In New York, Governor, Andrew Cuomo has made clear he is not in favor of online sports gambling. He may well have that opinion about online casino gambling as well. 

In a recent interview, he worked hard to minimize the success of online sports gambling in New Jersey when he stated, “Sports betting, first of all, does not make you that much money. New Jersey has sports betting, it’s on TV all the time. You can’t turn on the darn TV without seeing it. They raised something like $13 million dollars – $13 million dollars is a rounding error in our state. So I don’t even think the economic benefit is there.” 

Clearly, online gambling is raising a lot of questions throughout the country. The answer should be coming soon.
 
>> All legal sports betting news in USA
 

Online Sports Betting News in USA

07/19/2019 888 Sportsbook Bonus Program
The 888 sportsbook is really starting to gain a lot of traction in the now legalized New Jersey sports gambling market. They were one of the first to sign up players for this market once the state opens its doors to legaliz... Read more

888sport NJ
07/18/2019 It's Official - Sports Betting Approved in New Hampshire
In the US, more states are starting to fall in line with the move to allow its residents to legally wager on sports. The latest state to take the plunge is New Hampshire. It was just announced that Governor Chris Sununu has... Read more

Legal Gambling USA
07/15/2019 Sports Betting Revenues are Beating Expectations
In May 2018, the US Supreme Court ruled that the Professional and Amateur Sports Protection Act (PASPA) of 1992 was unconstitutional. By doing so, the right to determine the fate of sports gamblers was remanded down to the ... Read more

Legal Gambling USA
>> All sports betting websites news in USA
 

  Home > Sports Betting > Online Sports Betting News in USA > Online Gambling - Many questions, Few Answers