Although gambling is a popular pastime for Americans, it is also a serious business, and federal and state laws govern its methods and locations. For example, the federal government prohibits lottery sales and sports betting, and has limited the amount of Native American land that can be used for casino gambling. Even though gambling is widespread, the federal government is not a friendly neighbor when it comes to this industry, and has actively sought to regulate it.
The Department of Justice, however, maintains that all Internet gambling is illegal. A recent hearing of the House of Representatives’ Judiciary Committee discussed the issue of internet gambling laws. However, the Fifth Circuit ruled against the Department of Justice, and ruled that Internet gambling is legal. This means that gambling companies can offer gambling services on the internet, but must comply with state laws and federal regulations.
Licensed online casinos are safer than offshore casinos, and have fair rules for players. These sites use secure SSL encryption software to keep your information secure. They also offer password-protected accounts and reputable banking options. In addition, licensed gambling sites guarantee their payouts. The bonus policies of these sites are also fair. In short, online gambling can be a great alternative to regular casinos.
Aside from accepting deposits and withdrawals via e-wallets, most regulated gambling sites also accept wire transfers. This method is slower than online bank transfers, but it is still widely accepted by gambling sites. Some casinos even have no limit on the amount of money you can withdraw through this method.