Online Gambling involves the use of the internet for betting. It includes casino gaming and sports betting. It has been legalized in a number of states. It can also be done on mobile phones. It is considered to be an addictive activity and can result in financial ruin.
The Federal Communications Commission is charged with oversight over common carriers. The agency has been criticized for its handling of online gambling. Those who operate illegal gambling businesses can face up to five years in prison. They must meet a few requirements. For example, they must have a gross income of at least two thousand dollars in any given day. They must also have a substantially continuous operation for at least thirty days.
Some states have made moves to legalize online gambling. Illinois and Indiana are considering allowing online casinos in the next few years. Some other states, such as Massachusetts, will soon be able to offer sports bets to residents. However, the industry is still in its infancy.
CRS Report RS21984 outlines the statutes that are used to prosecute illegal gambling. It also offers citations to state laws. The report is available in abridged form.
The first online gambling venue for the general public was the Liechtenstein International Lottery. It was also the subject of a criminal case. In that case, the government charged the owners of the company with violations of 18 U.S.C. 1955, including money laundering. The defendants agreed to a public service campaign and paid a $3 million fine.