Cryptos do not rely on banks or central institutions. It’s also why so many online gamblers in the US are turning to cryptocurrency betting. As you might imagine, this puts online casinos in a difficult position. However, it prohibits transactions between banks and online gambling sites.
This law does not expressly prohibit internet gambling in the USA either. Secondly, there’s the infamous Unlawful Internet Gambling Enforcement Act of 2006. The casino would have to have a subsidiary in Pennsylvania for the whole thing to be legal. So, for instance, if you’re based in Pennsylvania, you can’t simply register with a casino site in New Jersey. This law prohibits any sort of gambling that takes place across state lines. The first is the Federal Wire Act of 1961. However, there are two pieces of legislation you need to be aware of. There were a few attempts to change this, but none of them went anywhere. On a federal level, online gambling is perfectly legal, just like offline gambling. Decades of legal conundrums left their mark, and when you also consider that states also have a say in the matter it becomes clear just how much of a mess it all is. A question like “is online gambling legal in the US?” seems simple enough, but the answer is fairly complicated.
