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February 19, 2019

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Why aren’t we discussing the issues regulators in legal states have faced? What the reception has been? How the interstate agreements between NJ-DE-NV were worked out and implemented?
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Well, that’s awkward. However, The online gambling industry kept growing and many operators continued to accept US customers. The offshore operations skirted around the new banking laws in a variety of creative ways. By 2008, market data and intelligence firm H2 Gambling Capital estimated worldwide online gambling revenues had hit $21 billion.
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The laws in the United States mostly target banking institutions and gambling sites themselves. It most definitely IS illegal to start your own gambling site and accept players in the States. It’s also illegal to operate any type of financial institution (such as a payment processor) that facilitates payments to and from such sites.
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