The Risks of Online Gambling

In the early 1990s, online gambling was widely available and seemed like an end-run around government regulation. Online gambling operators could set up operations in offshore jurisdictions and allow anyone with a web browser to make wagers. In an attempt to regulate online gambling, the Department of Justice and Congress investigated the issue. The result was the passing of the Wire Act.

Online gambling is considered to be very addictive. In fact, up to ten percent of U.S. adults gamble at least once a week on casino games. In the years to 2021, the global online gambling market is predicted to reach 9.5 billion dollars. That figure represents a huge increase from the eight billion U.S. dollars it was worth in 2015.

While online gambling may seem like a safe way to spend time, there are many risks involved. You should only engage in online gambling if you’re of legal age. In general, the minimum age for online gambling is 21 years old. However, some states allow players as young as sixteen and 18 years old to participate.

Sports gambling is a big part of the online gambling industry. Nevada is one of the original states to legalize sports betting, and offers almost any sport that you can think of. Many casino sites in the state offer online sports betting as part of their services. However, you’ll need to register with them and make a deposit before you can start betting.