The rise in Online Gambling Websites has been explosive over the last decade and online gambling has now become a multi-billion dollar industry. Nowadays, an estimated 20 million Americans have become addicted to online gambling to such an extent that it interferes heavily with their personal and professional lives. Based on statistics cited by John W. Welte, author of “Gambling: The Growing Problem”, online gambling is now more widely accessible than ever before. In fact, the number of Internet gambling websites has risen exponentially since the turn of the millennium. This increase has been fueled primarily by the growth in the number of states passing legislation authorizing online gambling. With such rapid growth, came what some refer to as the proliferation of rogue online gambling websites which in turn has brought the issue of regulation of online gambling into full focus.
With the advent of online gambling websites came the issue of regulation. In other words, state officials were contacted and asked to oversee the creation and maintenance of online gambling websites to prevent underage gambling, the proliferation of criminal activity, and the operation of criminal syndicates within online gambling. In most cases, online gambling websites require state permission to operate https://www.bandidas-lefilm.com.
On July 11th, in a case that has become known as Wilson v. Gagnon, the United States Supreme Court issued a ruling in the United States District Court for the Northern District of Illinois. In this citation needed article, the plaintiff was ruled to be violating the Fair Debt Collection Practices Act (FDCPA). The act was enacted in response to a case that had been decided back in 1992 by the United States Supreme Court. The plaintiffs, in this case, we’re asking for monetary damages based upon the extent of the fraud they had suffered as a direct result of the defendant’s conduct. This ruling in no way affects the validity of any online gambling websites.
The problem is that online gambling is not as closely monitored and controlled as many people think. Online gambling is basically left to individuals to decide how much money they would like to place on the line. The question that arises from this lack of regulation is one of consumer protection. How does the online gambling industry not have any rules and regulations in place? If there are no federal regulations and codes enforced, how does one expect the state officials to police the online gambling industry?
The answer lies in the UK gambling commission, which is actually the body that tries to monitor all online gambling activity. The UK gambling commission works to implement all measures and laws that are needed to protect the interests of UK gamblers. One notable regulation that the UK government has implemented is the Promotion of Electronic Gambling and Consumer Protection Act. This Act regulates all aspects of the online gambling industry including the collection of data on players, their registration details, and the manner in which they will be paid. The main article that these Act covers is as follows:
This Act establishes the functions of the gambling commission and all its departments and offices. One of these offices is the National Lotteryructuring Corporation. They are the people who actually go by the name ‘lotteries’ and make all the necessary decisions in order to regulate the UK gambling industry. Apart from the aforementioned main article, there are many other articles that discuss various aspects of the gambling industry in detail. If you want to know more about online gambling and betting, or anything else related to the online gambling industry, then you should definitely read this main article on the UK gambling commission.