Gambling addiction is a serious problem that is hard to overcome, especially if you enjoy it online. Different types of gamblers are prone to addiction, some may only become addicted for a brief period of time and then lose interest. Others become deeply entangled in gambling activities, struggling to carry out their daily tasks and social responsibilities. There is no denying that online gambling websites can lead to serious problems, but they do not provide the necessary help.
Regulation of online gambling sites
Generally, the focus of online gambling regulation is on protecting consumers and preventing potential harms. However, there are some jurisdictions who regard online gambling as an economic issue, and they have implemented stricter consumer protection laws in recent years. This means that more regulations are expected from regulated online gambling sites. The UK is one such jurisdiction. The UK Gambling Commission has a guideline on how online gambling operators can be deemed socially responsible, and it states that responsible gambling means preventing facilities for young people and children from opening. Other measures are aimed at reducing disputes between online gamblers and operators, and regulating gambling sites accordingly.
Various studies have shown that regulation of online gambling sites can reduce problems and crime. In Norway, a ban on slot machines in 2007 and the introduction of regulated online interactive games in 2014 decreased the number of women who gambled. Interestingly, these changes had little effect on women, who preferred regulated alternative options. Further, it was found that online gambling is a socially acceptable activity among Norwegian teenagers, which was attributed to the reform of slot machines.
Regulation of sports betting sites
The regulations surrounding sports betting sites are not yet as clear as many would like. Currently, only Illinois and Tennessee have passed laws requiring sportsbooks to collect official data from the leagues. Moreover, even these states have varying bonuses and terms and conditions. It is important to note that these regulations will only protect consumers, not online sportsbooks. Listed below are some of the most important factors that should influence the decision of any sportsbook to offer online sports betting.
Some states have not approved sports betting yet, including Massachusetts. While there has been some progress in a handful of states, others are mired in disagreements with existing casino operators and tribal interests. Currently, a showdown between card rooms and tribes is taking place in California, where lawmakers expect to generate an estimated $500 million a year by allowing sports betting. However, the fate of the bill depends on how it proceeds through conference committees.
Regulation of poker sites
Online poker has become an extremely popular game, and the legal regulations are starting to catch up with the demand. Different jurisdictions have different laws and regulations for the sport, but trustworthy licensing commissions like the UK Gambling Commission and US Nevada Gaming Commission are the ones to look to for licensing of poker sites. While the USA still only allows online poker in three states, the latest law links land-based casinos with websites. It now allows one license to cover both the land-based and online casinos.
While the UIGEA does not criminalize playing online poker, it does criminalize accepting payments from an online gambling site that accepts US residents. This law was so vague that several sites continued to accept US players and found ways around the problem. Despite these challenges, the online poker industry continued to grow until the UIGEA was passed in 2011.