Online Gambling in the Off-Season
Online gambling businesses must find ways to keep business going through the off-season. The warm weather and long days of summer entice people to play games outdoors, but during the winter, most people would rather stay in bed. To ensure a healthy flow of business in the off-season, online gambling companies offer generous bonuses, promotions, and other incentives to players. In addition, the holiday season is a prime time for online gambling businesses to increase revenues.
While online gambling remains illegal in many states, it is allowed in many others. For instance, some Canadian provinces and the states of New Jersey have legalized online gambling. Most of the European Union and several nations in the Caribbean also allow online gambling. Nevertheless, online gambling services must be licensed by a government authority in order to operate legally. The United Kingdom Gambling Commission and the Pennsylvania Gaming Control Board are two examples of regulatory bodies that oversee online gambling.
Gambling is a growing industry in the United States. In fact, Kansas’ sports betting industry was reported to generate $1 million in its first month. However, the federal government does not have any clear rules regarding online gambling. States can also regulate gambling sites themselves, which means you may be able to play poker in your state.
In France, new legislation to tax and regulate online gambling has been proposed. According to budget minister Eric Woerth, France will expand its gambling industry in the near future in an effort to keep pace with the Internet’s evolution. The new plans will not allow betting exchanges, though. However, a few states may soon join the online gambling fray.
Online sports betting has been a boon to state coffers and lawmakers are considering expanding gambling opportunities. In New Jersey, Pennsylvania, and Michigan, online gambling sites have been approved for play. Other states, including New York and Connecticut, have also legalized online poker. It is likely that these states will join forces and legalize gambling to ensure a healthy economy for online sports betting.
In 2012, a New York court ruled that online poker is a game of skill, and thus does not violate the laws of any state. Soon after, many states, including New Jersey, have legalized online sports betting. Meanwhile, online gambling is legal in most European countries and the Caribbean Sea. Many of the world’s biggest casinos have online versions of their traditional land-based counterparts.