Those laws could change. The New York-based financial services institution Morgan Stanley estimates that online gambling in the United States will generate $2.7 billion in revenue by 2020. Morgan Stanley believes 15 US states will legalize online casinos and poker sites by that time. The number is down from previous estimates but shows the financiers still believe American gambling is headed in an upward direction.
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President John F. Kennedy signed into law the Federal Wire Act of 1961, which was intended to target illegal bookies. However, the US government has (incorrectly) tried to say this law applies to online gambling as well.
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Delaware can't boast the size that New Jersey has managed with their online gambling market, but the state's legal casino games and poker sites are starting to grow after a sluggish start. Delaware shares its online poker pool with both Nevada and New Jersey.
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On the internet it’s easy to forget that electronic money is still real money. Gamblers may be able to use a credit card to deposit funds they can’t necessarily pay back into an online account that they can access as other resources dry up.
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Did you find a new strategy or tip you want to try out? Then try it out on a free game. Though many strategies simply don’t work online due to how they shuffle the cards, some still do. And there’s no harm in practicing strategies like card counting, whether they work or not, just for sake of practicing.
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What started as an attempt to regulate and prevent online gambling fraud eventually became problematic as some banks weren't allowing customers to use their credit cards to make deposits to play and gamble. In order to participate in this expressly legal and regulated activity, many gamers had to jump through hoops to prevent their payment from being declined. Or, if they didn't want to go through the hassle, players may have simply decided not to play on online sites such as playsugarhouse.com.
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