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Internet Wagering Now Available

The online casinos may not be legal in the United States but some state governments are turning to legal forms of internet gambling as a way to increase the amount of money making into the state coffers. For weeks now rumors have swirled through the industry that the Illinois government was considering new legislation that would legalize internet betting. Although there was some opposition the support was basically overwhelming. US states have encountered serious troubles throughout the recession in covering even the most basic parts of their budget –internet gambling has been broached by many states as a viable way to raise more money. The state has not only chosen to legalize internet betting, but video gambling machines are also now available throughout the state.

The internet betting bill is very specific though. Obviously, online casinos are illegal but the type of internet betting is additionally restricted. The new bill approved by legislatures specifically allows for horserace betting through the internet and from a gambler’s home. These two new pieces of legislation have now passed into law within the state –the only test left is to determine if the federal government has anything to say about the legalization of internet horserace betting.

The UIGEA targets online casinos in particular and provides legislative carve-outs to protect certain types of in-state internet gambling. Illinois believes that the UIGEA has legalized internet betting but only time will tell if the federal government agrees with that assumption. Two other US states have encountered difficulty running state internet lotteries even though this is supposed to have specific carve-outs in place too. The Illinois government plans to continue with the implementation of online betting unless the federal government chooses to step into the situation.