Online Gambling involves using a computer or other electronic device to gamble. Typically, these sites feature a virtual version of a casino, poker or sports betting game. The player is able to choose a game to play by clicking on a link or typing in a username and address.
While many people use cryptocurrency to fund their gambling activities online, some states prohibit the use of these currencies. This is because they are considered illegal under federal criminal laws.
In response to the growing popularity of Internet gambling, the US government has tried to enforce its laws against illegal gambling. Several cases have been brought against online gaming companies.
In April 2007, Congressman Barney Frank introduced the HR 2046 bill, which would regulate and enforce the online gambling industry. He wrote that the proposed legislation “aims to protect consumers from the risk of fraudulent or illegal Internet gambling and to encourage a responsible, licensed, and regulated industry that is safe and secure.”
In April 2017, the U.S. Justice Department filed charges against the owners of three of the largest online poker companies for money laundering. As a result, the companies are facing fines.
The United States Senate also debated several bills that would regulate and restrict online gambling. However, the proposed legislation was defeated.
After the defeat of the bills, there were some changes in the legality of online gambling. For example, the Wire Act was interpreted to apply to all forms of Internet gambling.