The situation of gambling activity in the United States of America is getting better with each passing year. It is true that gambling is considered as an illegal stuff in the USA, however its presence and participating in mounting up with the passage of time. Almost every state in the country has termed gambling as a legal activity, and it has certainly improved the business of gambling in the region. Below are some of the basic gambling laws that prevail in the USA.
Gambling Laws in the USA
Each state in the country is free to run its business within its territory. It would be considered as illegal even if the bet is placed through wire transfer.
Social gambling is considered as legal throughout the USA (except three states).
There are 20 states in the USA where commercial gambling is considered as legal, such as Colorado, Delaware, Illinois, Iowa, Louisiana, Michigan, Oklahoma, Puerto Rico, Virgin Island, and West Virginia.
However, there are a lot of states that still consider commercial gambling and racetracks as illegal, and charitable gambling as legal, such as Alabama, Alaska, Arizona, California, Georgia, Hawaii, Kansas, Mississippi, Nevada, North Carolina, Oregon, Rhode Island, Texas, Utah, Vermont, Virginia, and Wyoming.
Games allowed in the USA
Some of the hardcore casino and gambling games like horse racing, poker, sports betting etc. is not allowed in around twenty states of the country. Following are the casino games that you can play in the United States of America:
- Slots machine
- Video poker
- Progressive slot games
- Let’em ride
- Texas Hold’em poker
- Pai Gow
- Roulette (both American and European)
Fees or Charges
Most of the online casinos in the USA charge nominal amount of fees to obtain their membership. The range usually starts from $50 and it goes up to $500. However, gambling for charitable purpose do not come with any kind of penalty.
If we take a look at the gross profit made by the USA casinos in the year 2007, it was around $93 billion. Not just that, emergence of commercial casinos led to the birth of around 354,000 jobs and gave the country massive revenue of $5.2 billion through tax in the year 2006. On the other hand, some groups in the USA consider gambling has led to an increase the number of cases related to corruption and crime rates. At present, the winning amount through lotteries is taxed as income taxes, which means ordinary income. It has been seen that the government has tried to raise the revenue by allowing different types of gambling, and not by raising the tax rate.
Best Gambling sites for USA players
Below are some of the most preferred gambling sites where you can take part in casino gambling and sport betting:
- Aladdins Gold Casino
- SlotoCash Casino
- Win A Day Casino
- Grand Parker Casino
- Golden Cherry Casino
- Bovada Poker Room
- Bovada Sportsbook
- 5Dimes Sportsbook