Aspects of Gambling Laws

Opening Remarks

Looking back to gambling history one may notice that this industry constantly suffered from various restrictions and limitations. Many countries banned gambling and treat it like illegal or even criminal activity. But gambling has always managed to drive a coach and horses and to attract new players.

Competitiveness among land-based casinos in gambling industry continues to grow. Thus, they do their best in order to meet land casinos standards and have all corresponding certificates and documents. Fair play is highly estimated by every single gambler. Thus, casinos' reputation is an essential element of every more or less self-respecting gambling establishment. Just imagine a gambler who hurries up to take risks and leave own money in a low-quality-casino. Thus, it is crucially important to support gamers' trust in gambling industry and cope with innovative trends.

American Federal Gambling Laws

There are several federal documents that regulate gambling standards in the United States. Below there is a list of documents covering gaming in America and short comments to them.

  • Wire Act (1961) was created in the United States in order to reinforce regulation of gambling throughout the states.
  • Travel Act (1961) is a similar document, add-on to Wire Act signed by American Congress.
  • Interstate Transportation of Wagering Paraphernalia Act (1961). This document constrained gambling games and was used to fight against various forms of illegal gambling.
  • Illegal Gambling Business Act (1970). This act was addressed to gambling.
  • Racketeer Influenced and Corrupt Organizations Act (1970) was very similar to the previous document and suggested measures to eliminate criminal activities by bombarding the sources of their income (syndicated gambling/ bookmakers).
  • Amendment to Interstate Horseracing Act (1978) regulated commerce referred to wagering on horseracing in the United States.
  • Illegal Money Transmitting Business Act (1992) prohibited unlicensed money transmitting businesses including gambling.
  • Professional and Amateur Sports Protection Act (1992) stated that
  • Interstate Wagering Amendment (1994) related to lotteries and appealed to whole gambling establishing certain limits and rules and nullified any innovations in gambling.
  • Other Federal Statutes: Transportation of Gambling Devices Act of (1951), Electronic Communications Privacy Act of (1986), Money Laundering Control Act of (1986), Bank Records and Foreign Transaction Act of (1970).

Other regulating documents and bodies that refer to gambling in the US and other countries:

  • Indian Gaming Regulatory Act - United States
  • Gaming Act (1845) - United Kingdom
  • Gambling Act (2005) -United Kingdom
  • Interactive Gambling Act (2001) - Australia
  • Macau gaming law
  • Nevada Gaming Commission
  • New Jersey Casino Control Commission