Many people think that the fact that online casinos are online means they are not subject to the normal rules and regulations of gambling. This is not true. Online casinos and gambling are regulated by several laws and restrictions. Learn what they are before you set up your online gambling account.
The first online gambling regulations that you will want to learn about are licensing requirements. In order for an online casino to operate legally, no matter what country they are set up in, they need to be licensed. The license must be issued by the country that the online casinos owner has the business set up in.
In the United States, the legality of online gambling is a state issue. In order for an online casino to be legal to play in you have to make sure that there are no laws against online gambling in the state you are in and in the state or country that the online casino is registered with. Currently there are no states that permit online gambling site licensing. However, some states are working on online casino legislation to permit online gambling in their state. Until this legislation has passed, it’s a good idea to stick to playing at the free casino sites.
Another regulation that has passed long time ago is the Unlawful Internet Gambling Act of 2006. This act received a lot of press. It was designed to prevent online casinos from evading state gambling laws. However, because federal jurisdiction does not extend to offshore companies, this act took steps to prohibit American banks from funding any type of online gambling account. This made it nearly impossible for U.S. residents to play at pay-to-play casinos.
Age is another issue that is carefully regulated by online casinos. Generally, you will need to be over 21 years of age in order to play at an online casino. If the country that licensed the online casino has a lower legal gambling age, then people over 18 years of age may be allowed. However, you will need to read the Rules for Playing page at the online casinos that you are interested in to determine age restrictions.
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