Online gambling is just the shift of gambling activities to the cyber-world. Online gambling types range from traditional poker and casino games to sophisticated electronic trading stocks. Gambling has always been a controversial issue and its controversy continues in this new network environment. Taxation and moral apprehension are the two major concerns of the governments and the international community when dealing with the issue of online gambling.
This unique e-Book provides readers with examples of how some European countries have regulated gambling and online gambling activities and what are the major concerns addressed by these governments when regulating them.
Then, this e-Book enlightens on the United States approach to online gambling and its battle in the World Trade Organization--WTO--when defending its most recent legislation against online gambling payments. Two states' online gambling legislation is provided as example of how US States have regulated online gambling. Lastly in this section, two recent US court cases on online gambling and jurisdiction are offered as example on how the jurisdictional issue in online gambling has been interpreted by the US courts.
Concluding, this e-Book addresses the issue of licensing and auditing rules for online gambling sites; how those governments that welcome online gambling are regulating the market, what is their licensing policy, how extensively its marketing may be, and what auditing methods have been implemented.
