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Well to begin this discussion let me open up and say that no matter what you have heard, offshore gambling is going strong and will continue to be so. This issue will be debated, chewed up and perhaps new laws revised for years to come on whether online gambling is illegal or not. The simple fact of the matter still remains that about 75% of worldwide offshore gambling audience is credited to Americans meaning that at this writing no regulations are being strictly enforced.
For the past few years there has been many overnight internet casinos that get the website owners rich and then leaving you with no money to be had on earnings won, not so much anymore a thing of the past now. This is something you no doubt already know if you already enjoy the benefits of internet gambling as a good player is always cautious with their money and will learn and study the adversary first before continuing. That’s why I cannot stress enough to learn about the casino you plan on investing in first as still to this day there is only a handful or so of casinos online that can really call themselves offshore gambling centers.
The key to dealing with offshore gambling outfits is to find a reputable online casino with a proven history of paying and a huge client list showing long-term commitment. Though it is true that online betting is not legal in some countries, many companies have adapted to this by bringing their games offshore to countries that are more encouraging to this style of play. What happened here was a lot of these offshore gambling companies would not let US based players join their online casino anymore and from there it was like a domino effect as most other internet gambling companies followed suit, no pun intended, somewhat scared there could be some illegal ties to that country because of their laws so proprietors abandoned the whole idea.
How did offshore gambling all start, you may ask? The efforts of American land based casinos along with the government to fight vigorously to keep more money in their pockets by keeping online gambling illegal was only going to last so long. In November 2002, the United States Court of Appeals for the Fifth Circuit judged that the 1961 Federal Wire Act does not prohibit Internet gambling on a game of chance. And with that ruling and the emergence of the Internet in recent years has made the offshore gambling community explode exponentially. With the enormous opportunities and life-like atmospheres that Internet gambling gives, you can understand how it’s become so trendy.
To be continued…