Online Gambling is an online activity that involves a person using a website to play games of chance or skill. It is legal in many states and can be a great way to make some money. However, it also comes with a wide range of risks and can be addictive.
Internet gambling scams occur when a fraudster uses stolen credit cards and IDs to deposit funds or abuses a bonus promotion through multi-accounting. These scams are typically nefarious in nature and can have serious consequences for the victim.
UIGEA and the Wire Act
The Unlawful Internet Gambling Enforcement Act (UIGEA) was enacted in 2006 to prevent financial institutions from processing transactions to unregulated offshore gambling sites. The Wire Act is an older law that aims to stop illegal gambling.
State laws governing online gambling vary widely, so it’s important to read the law of your jurisdiction before betting online.
A regulated online casino can offer a safe and secure environment for players to wager on their favourite sports and games of skill. But it’s important to be aware of the risks, especially if you have children or are vulnerable.
How to keep your family safe from online gambling scams
Gambling is a risky activity, but it’s also a fun and exciting pastime. To help you avoid problems, there are many online resources available.
Getting help if you’re gambling too much or think you have a problem with it can be helpful. GamCare offers free, confidential support and an online assessment tool for people who have been affected by gambling.