Online gambling is a growing industry in the United States. There are several legal and illegal options available. While the majority of Americans gamble in casinos and racetracks, some prefer to take their chances online. In fact, more than half of the United States will be able to place bets on sports in the next couple of years. However, a lack of clarity in federal law is leaving some state officials uncertain about what is and isn’t legal.
The best way to find out what your state is doing is to read the state’s gambling laws. Depending on the specifics of your state, a wide range of wagers are permitted. For instance, Nevada has almost any kind of sports wager you can imagine. Colorado has a small but diverse selection of wagers available. Individual prop bets are not allowed on college games. Iowa does not allow eSports betting. Those who like to play poker can bet on the WSOP, PokerStars, and BetMGM.
A state may also have a few more legal online casinos than others. For instance, Nevada and Indiana both have online casinos. Illinois is on the verge of launching online casinos. There are more than two dozen Colorado online sportsbooks and more than one dozen Iowa online sportsbooks. In addition, Illinois sportsbook apps have been launched, and more than a dozen sportsbook apps are in the works. While these numbers may seem small compared to the more than two hundred online casino sites, these numbers are a testament to the growing online gambling industry.
One of the most popular online gambling games is poker. In fact, online poker is the fastest growing form of gambling, and many companies are looking to expand into the game. The legality of online poker remains unclear. In general, the relative profitability of online poker is low.
Aside from online poker, the most interesting aspect of the gambling industry is sports betting. In the states that have legalized the sport, the buzz is certainly on. Most people have heard of the newest craze to hit the country. Until now, Illinois has been the only state that allowed online sports betting. But, in recent months, the number of states allowing online sports gambling has increased. With the onset of sportsbooks in Maryland, Nevada, and Indiana, more Americans will be able to take advantage of the opportunity to bet on their favorite sports.
The best way to determine the exact legality of online gambling is to look at the relevant gambling laws of your own state. While the federal government has jurisdiction over the gambling industry, it hasn’t been quite the benefactor that some would have hoped. The UIGEA (Unlawful Internet Gambling Enforcement Act) is the most commonly used federal statute pertaining to online gambling, but it doesn’t have any real teeth. In contrast, the Wire Act prohibits unlawful betting on sports events. In addition, most states have a state-level sports book. There are two exceptions to this rule: Michigan and Indiana.