The Growing Popularity Of Online Gambling
Online gambling is any type of gambling conducted via the internet. This includes casinos, online poker and online sports betting among many others. In 1994, the first online gambling site opened to the public, which was ticketing for the world’s largest chess tournament, the World Cyber Games. Since then there have been numerous online gambling sites that have started, with each one becoming more popular with time. These sites have become a major source of revenue for all online gaming companies, and therefore a boon to the gaming industry in general.
Although online gambling does not employ the same level of harsh gambling laws as land-based casinos, the rules and moral standards are generally much the same. Many countries across the world have made it illegal to gamble online, especially if you are a minor or a foreigner. Most countries still allow online casinos, though some only permit a few selected countries such as PokerStars, Full Tilt Poker and PartyPoker to operate within their borders. There are also other online gambling websites that operate outside the US and European Union, which means that anyone who is not a resident of these areas can still gamble online.
Online gambling is legal in most countries throughout the world today, including the United States and United Kingdom. However, many countries have made online gambling a serious offense with steep fines and serious jail terms. In the United States the states like Florida, Montana, Kentucky, Texas and Utah have made online gambling against the law, while many other areas such as Washington, California, New Jersey and Connecticut have not. Many of the states that do allow online gambling still make it illegal to play for real money from their computers. Some other countries have made online gambling against the law by adding a small percentage of the stakes to the jackpot amounts won in games.