In the past few years, the United States has seen many changes when it comes to online gambling. New Jersey is leading the pack with a broad array of payment options that are available for both U.S. and international players. But while state law is largely responsible for regulating online gambling, federal law reinforces its policies.
The Travel Act is a statute that prohibits illegal gambling on interstate commerce. This act also applies to Internet casinos. The Federal Communications Commission (FCC) is tasked with regulating and maintaining facilities used for telecommunications services. Although the FCC has a limited jurisdiction over common carriers, it can suspend the operation of facilities or discontinue the leasing of them.
The UIGEA or Unlawful Internet Gambling Enforcement Act is a criminal law that prevents online gambling sites from accepting financial instruments from individuals who make illegal bets. Additionally, the Racketeer Influenced and Corrupt Organizations (RICO) provisions in the law prohibit the business activities of illegal gambling enterprises.
The Wire Act is another statute that prohibits the unlawful transmission of information over the internet. This act also makes it unlawful to place bets on a sporting event. However, there are some exceptions. These include placing bets on a lottery, a pool or a contest. Also, gambling on the internet is considered illegal when it is done exclusively within a single state.
A number of state legislatures have attempted to regulate online gambling. Pennsylvania and New Jersey have both legalized online gambling. Other states have been slow to take action. However, the legalization of online gambling is growing. One such state is Nevada. There are a number of legal US gambling sites that accept e-checks, credit cards and Paypal.
Several ACH e-check providers provide payment services to online gambling sites. PayPal is the most popular e-wallet in the U.S. but the bank requires a registered U.S. PayPal account for deposits and withdrawals. PayNearMe Cash is a convenient alternative that allows you to deposit cash into an online player account without having to enter sensitive banking information into an online gambling site.
Some banks also allow wire transfers to be initiated and completed over the internet. However, these transactions can be cumbersome and slow. Furthermore, some banks place a maximum withdrawal limit on these transfers. If you are considering using this method to fund your online casino account, it is advisable to check the site for additional details.
Payment methods vary from state to state. For example, Delaware online gambling sites have fewer payment options than those in New Jersey. To avoid this, it is advisable to check the site’s website before registering to ensure that you have all of the options you need. While most banks are willing to make transfers over the internet, they are not all ready to do so.
Because payment methods differ from state to state, it is important to be aware of the laws and regulations that apply in your particular state. In addition, you should determine what legal money gambling sites are available in your region.