The Growing Industry of Online Gambling


Gambling is a wide-ranging, multi-faceted activity that includes sports betting, poker, and casino games. In the United States, the legal status of gambling varies between the states, with forty-six states permitting wagering on sporting events online, as of June 2018. The legality of Internet gambling is based on state and federal laws, but there is still much confusion over these regulations.

Online gambling is considered a growing industry, as more and more jurisdictions begin to regulate its operations. Some online casinos offer both instant games and downloadable software. This type of gambling requires only a PC or laptop with internet access, and some sites even provide players with a variety of options, including the ability to play on their mobile devices.

The popularity of internet gambling has been attributed to its many advantages. These include rapid access, high-speed connections, and increased convenience. Gambling sites also feature player-focused tools, including time outs, a self-set spend limit, and tailored contacts derived from analysis of their player accounts. Many websites are even equipped with tools to moderate and review online gambling.

One of the most impressive technological advances in gambling history is the World Wide Web. It was invented by Tim Berners-Lee in 1989, and is now widely used across the globe. While the World Wide Web may not be the first application to use the internet for gambling, it certainly is one of the most advanced.

One of the more notable developments is the advent of “eSports” – the emergence of gaming activities that involve live streaming and social networking, with an accompanying young demographic. However, eSports does not only attract the top athletes and teams. Instead, it has become an underlying driving force for gambling growth. Similarly, the rise of live streaming of sports games has had an impact on online casino sites, as the influx of younger players captivates their older counterparts.

While most jurisdictions do not regulate internet gambling directly, they do limit its use through other measures. For example, federal law prohibits unauthorized transportation of lottery tickets from state to state. Furthermore, Congress has enacted legislation to restrict the types of gambling that are permitted, as well as the method by which these activities are conducted.

While no single piece of legislation has been proven to be the best overall, the best of the bunch has to be the Professional and Amateur Sports Protection Act, which was enacted in 1992. Among other things, it outlawed the unauthorized distribution of sporting event tickets, and prevented all states from legalizing traditional sports wagering. Since then, a number of states have embraced the new medium, as has the Isle of Man, which established a government agency to oversee the regulation of the online gambling industry.

Another major development is the US Department of Justice’s change of heart regarding the Wire Act of 1961. While it was already clear that the Internet had made some of the more mundane gambling activities possible, the department’s newfound willingness to enforce the act against online gambling operators has caused a bit of controversy.