Although the size of the online gambling industry is uncertain, analysts agree that it has grown exponentially over the last two decades. In 1997, fifty to sixty internet casinos operated in the Caribbean, earning a combined revenue of $300 million to $350 million per year. By 2000, there were an estimated 700 online casinos. Many of these sites are operated by offshore companies. Although the legality of online gambling is not yet fully established, the U.S. Department of Justice is considering legislation that would make it illegal for U.S. citizens to participate in these online gambling activities.
A bill introduced by Senator JonL. Kyl, a Republican from Arizona, tried to ban online gambling. While it would have allowed states to permit online gambling, it would have prohibited sports betting. But because it was difficult to enforce, the bill failed to pass both in 1997 and in 1999. The new legislation is unlikely to stop people from gambling online. If it does, they may be able to find a loophole. But how can they do it?
Some countries have strict laws about online gambling, and it’s largely illegal in the U.S. Many states, including Pennsylvania, have laws regulating this activity. However, many creators still face strict legal restrictions. In order to operate in the United States, you must have a license from a government agency. The United Kingdom Gambling Commission, for example, oversees online gambling. In addition to this, the United Kingdom Gambling Commission and Pennsylvania Gaming Control Board are responsible for licensing websites.