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Gambling: Online Gambling
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LOS ANGELES, June 26 /PRNewswire/ -- Bodog.com, the online gambling and entertainment giant, has signed on as the official sponsor of Baron Davis and Paul Pierce's "A Midsummer Night's Dream" A Magic Night of Poker, Players and Stars Friday July 7th. For this private event, the Avalon and Spider Club in Hollywood will be transformed into a Las Vegas-style casino. Top celebrities, hot NBA players and VIP's will test their luck competing in a Texas Hold 'Em Poker Tournament. Entrepreneur and CEO of Bodog.com, Calvin Ayers, will host the celebration along with Pierce and Davis and together they will pay special tribute to Magic Johnson.
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Online gambling appears to represent a complete end-run around both government control and prohibition. A site operator need only establish itself in a friendly offshore jurisdiction, such as the Bahamas, and begin taking bets. Anyone with access to a web browser can find the site and place wagers by credit card. Confronted with this blatant challenge to local policies, regulators and lawmakers have explored the applicability of current law and the desirability of new regulation to online gambling. The issues include whether a person, located in a state that prohibits commercial gambling and accessing an offshore Internet site from a home-computer, violates either state or Federal law and further whether the site operator is as well.
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Legislation recently introduced to regulate and tax Internet gambling has helped build support in Congress to allow Americans to gamble online. Congressman Barney Frank (D-MA) introduced H.R. 2046 to establish a licensing and enforcement framework for regulated Internet gambling and Congressman Jim McDermott (D-WA) introduced legislation that would tax online gambling companies and could generate between $6 billion and $25 billion in revenues in the first five years of enactment. These revenues could be used to fund important government programs.
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Gaming and gambling in the United States have undergone a great boom. During the past decade most states have expanded legalized gaming, including regulated casino-style games and lotteries. There has been an explosion in opening Native American casinos. Gambling and betting online has increased exponentially. Gambling-Law-US.com presents, explains and analyzes the patchwork of state and federal and state gambling laws that apply to the boom.
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As stated earlier, Congress has given the individual States the power to regulate gambling within their own borders. Since the Federal statute focuses on interstate commerce, gambling is permitted as long as the activity remains within the state. Congress emphasizes the State's power in ยง1084(c)--"Nothing contained in this section shall create immunity from criminal prosecution under any laws of any State." Since States are free to regulate within their borders, they are free to regulate online gambling.
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Draft policies that prohibit gambling in the workplace.Can your business afford more inefficiency? Before football or basketball season, be sure the company policy is posted in a prominent locationsuch asthe lunch area. When money becomes involved in office sports pools, a simple verbal rivalry turns into illegal betting. Cheering for your team is legal, but betting money in sports pools (or online) is not legal - except in Nevada.
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