So if the Supreme Court were to make a decision which would permit both online gambling and sports betting, much of that potential revenue could be injected back into the economy and regulate gambling much better than how it’s being done currently. Online gambling generates millions in revenue every year, and that goes for illegal gambling sites too. Though many states are beginning to change their attitude towards online gambling, it could be a while before we see the entire U.S. are not penalized for placing bets online if the casino is legit and the state in which they operate allows it. But under federal law, players in the U.S. The Federal Wire Act, which has faced much controversy in the last 10 years, is the reason why online gambling and sports betting in the states has been living in a huge grey area. However, more states are slowly rolling out their own laws for online gambling as well as sports betting.

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