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- Our experts are here to show you which online gambling sites are legal and regulated.
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You could end up losing more of your own money than is the value of the winnings you are trying to withdraw, so the temptation is obviously to give up. The billionaire owners of real-world casinos were unhappy about this sudden ‘online’ alternative to gambling in their traditional bricks and mortar establishments. They lobbied the US government to have online wagering shut down. While the government did not go that far, they amended an ancient act that prohibited wagering on games of chance over ‘telephone wires’ to include internet channels. Pretty soon, the vast majority of online casinos were no-go areas to people in the United States.
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It looks like the internet gambling market is set to keep on growing, which has caused some concern among the traditional casino lobby. The one thing to note is that some of the sites advertise the possibility of you winning money at social casinos. This setup requires you to buy playing coins with real money, and with prizes being offered to players rather than cash. While this is legal, it does circumvent the gambling laws of the states, and so brings these free casinos into disrepute in our opinion. Many people prefer the atmosphere of gambling in person, with a busy room of people around them.