Online gambling has long existed in the US, but it is only recently that the activity has become legal. New technology often means that laws take time to catch up. It’s not surprising then that many government agencies banned online gambling during the early 2000s, but as the number of gambling sites grew and the “poker boom” continued, the law changed. Today, online gambling is legal in most states. But some states have made it harder for consumers to gamble online.
While online gambling is legal at the federal level, different states regulate it differently. Some states prohibit gambling altogether, while others regulate only certain types of gambling, such as poker. In the US, only a few states have legalized online casinos, but nearly half of the states have already started online sports betting. Ultimately, the legality of online gambling is up to the states and the gambling industry.
Online gambling remains controversial. While some people view it as a harmless hobby and an enjoyable activity, others view it as a threat to their health and well-being. However, most gambling sites are committed to providing a safe environment for their players. Most sites offer features like self-exclusion and limitable losses. In addition, there are laws that ensure that the gambling platforms are regulated by reputable bodies. This ensures that any misconduct by these organizations is addressed.
While Mr. Adelson sees online gambling as a societal train wreck, a recent study by Harvard Medical School found that most players are spending minimal amounts and playing in moderation. Furthermore, online gambling is far easier to police than a live casino.