A new federal bill is aimed at regulating online gambling, and it’s called the Internet Gambling Regulation, Consumer Protection Act of 2013. This bill, introduced by New York Republican Congressman Peter King, would create a common federal standard for Internet gambling. The gambling lobby says that this would help make expansion and legalization strategies easier. The legislation would also create a new office that would be attached to the Treasury Department to oversee online gambling.
The emergence of the Internet paved the way for online gambling in the late 1990s. By 1997, there were around fifteen gambling websites. In 1998, revenues were up to $830 million. The first online poker rooms were also introduced. In 1999, the US Senate introduced a bill called the Internet Gambling Prohibition Act, which would have prohibited online gambling for U.S. citizens. In the same year, multiplayer online gambling was introduced.
In addition to offering more variety, online gambling can also offer lower bet sizes compared to land-based casinos. Online casinos also offer the ability to keep track of deposits and wins. Some online gambling sites also provide a safe and responsible environment. Responsible gambling tools can help you make informed decisions about when to bet and how much to spend.
Although online gambling is legal in some countries, there are still risks associated with it. Before playing any online gambling games, it’s important to conduct a thorough background check on the site. Look for hundreds of user reviews and ask questions if you are unsure.