Safe And Secure Internet Gambling Initiative
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Safe And Secure Internet Gambling Initiative
The Safe and Secure Internet Gambling Initiative promotes an individual's freedom to online gambling, gamble online in the interest of creating safeguards to protect consumers and ensure financial transactions are legal and safe. Background The initiative was founded by a coalition of members who support efforts to legalize Online gambling, internet gambling, which would allow for it to be properly regulated. Such bills have been proposed in the House of Representatives by Rep. Barney Frank (D-MA) and Rep. Jim McDermott (D-WA). Since it was created in 2007, more than 1,200 people have registered their support for the initiative to Legalized gambling, legalize and regulate online gambling. In 2013, representative Joe Barton introduced the Poker Freedom Act which prohibited the use of credit cards for internet poker. Safe and Secure Internet Gambling Initiative plead the representative to reconsider the ban on credit cards deposits for consumer protection. References External link ...
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Online Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include Gibra ...
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