The Legality of Online Gambling
Online gambling can be fun and exciting. There are countless options available, including casino games, virtual poker, sports betting, and more. The Liechtenstein International Lottery was the first venue to offer online gambling. Since then, many other jurisdictions have followed suit. Today, there are over a thousand online venues. However, the legality of online casinos remains an issue. The Liechtenstein International Lottery opened the door for other online venues.
While it is important to know your options before engaging in online gambling, the right protection tools are essential to protect you from developing an addiction. Regardless of how much money you have, an addiction to online gambling can lead to emotional and financial turmoil. In order to prevent this from occurring, you should know your options and be aware of the support services available to you. You can get help for your problem or seek help if you become addicted to an online gambling site.
Online gambling has grown in popularity in the last decade, with fifteen websites in 1996 and two hundred in 1997. A Frost & Sullivan report released in 1998 indicated that the revenue from online gambling sites reached more than $830 million. This was the year when the first online poker rooms were opened. In 2008, the US Senate introduced the Internet Gambling Prohibition Act, which would have banned the sale of online gambling to U.S. citizens. The legislation was never passed, but it did help limit the number of people who could legally gamble online.