Online Gambling is a very popular form of gambling. It has become increasingly popular since the late 1990s. By 1997, there were more than twenty gambling websites and, according to a Frost & Sullivan report, the online gambling industry had generated revenue of over $830 million in 1998. This same year, the first online poker rooms were launched. In 1999, the Internet Gambling Prohibition Act (IGPA) was introduced in the United States Senate and would have banned online gambling for U.S. citizens. During this time, multiplayer online gambling was introduced.
However, there are concerns over the sustainability of online gambling. The first legislation to regulate online gambling was introduced in the late 1990s by Senators Bob Goodlatte and Jon Kyl. Both bills would have restricted the online gambling industry, except for horse racing and state lotteries. The Justice Department is exploring the issue, but critics say the legislation has no legal basis.
While online gambling is legal on the federal level, there are a number of states that have not legalized it. Hawaii and the state of Utah have large Hawaiian and Mormon populations and are opposed to gambling. Other anti-gambling states include Idaho and Wisconsin. In general, most states have a stipulation that an online gambling site must be licensed by the state in which it operates.
In addition to its high-tech nature, Internet gambling also allows for high wagers and continuous gaming. It also gives access to a massive number of betting options, and instant feedback. Unfortunately, this can lead to an unhealthy gambling habit.