Sunday, November 7, 2010

Online Gambling : Permissible or Not?


When people hear about online gambling, there's one thing that comes to their head. It's the legality of the game. Gamblers must be aware of this sensitive topic. Why? Because gambling concerns money. And when it comes to money, people becomes wiser to stepped on to those who knows nothing about the real game.

The permissibility of Online Gambling is like having a gun for your own reason. Its either it has been allowed by the law or you owned that gun secretly. Different countries where online gambling has been established, secured their sites by making their sites legal. Online Gambling belongs to the law that concerns online community. They protect online gamers or online gamblers against fraud and money laundering

There are lots of online gambling sites all over the internet. And gamblers are not sure whether these online casinos are approved by the law of the State or whether these sites are license holder or not. It is very important for an online gambling sites to be licensed to be sure of its benefits and its security. But some states are not approved of these online gambling because they doesn't hold a thing in this case. Meaning, having online gambling has nothing to do with the government. It is tax-free. Unlike the land-based casino, the government knows the operator and as well as the company for them to be seized. For, in online casino, they may know the company, they may shut it down, but not completely, it can always find a way to surpass the situation.

So the government made a law, Internet Gambling Enforcement Act that disallow online gambling. This law states that it can sue anyone who keep on betting online, paying through credit cards, electronic fund transfer and checks, and the operators of the site. At first, it seemed successful, but as the time goes by, the growth of online gambling ran fast.

There were numerous number of laws and legislation stated in the United States but still, the flag of online gambling is still standing strong. There was a hearing about the security of online gambling, to protect its consumers and some money issues. It was well stated that it can be effectively regulated for money laundering issues, age verification and some other gambling issues. On the other hand, some European countries prohibits gambling, whether it is online or land -based.

Is it true that online gambling is fun. But we, as what they called the consumers must know all the limitations. All the rules. All the law. Online gambling can always be as permissible as
having a pet at home. It has pro's and con's. Government always try to shut this thing down when it has not been legalized. And specially if it is taxed free.

Online gambling is a way of trial and error that allows you to win and increase the growth of your money. When there's nobody to help, people tends to visit gambling house to find a way against their money problems. So, whether online gambling is permissible or not, still it doesn't make a count. Even the government cannot decide for it, right? Just play it right, and make sure you're not stepping other players for your selfish reasons.


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