Online Casino Games Legal?
According to a recent note to investors, international bank Goldman Sachs predicts that online casino gambling will soon be legalized in the United States.
This issue has been an ongoing struggle in the House of Representatives since the Unlawful Internet Gambling Enforcement Act was passed in 2006, essentially making online gambling illegal in the United States.
Since the ban was enacted in 2006, online casinos have not been able to operate from within the United States, and financial institutions have been unable to handle any transactions involving internet gambling funds. That all may change in September.
House Representative Barney Frank (D. Mass) has taken issue with the online casino games ban, and has been making moves to overturn it.
In his latest attempt, Frank introduced 2 separate bills that, if passed, would legalize online gaming in the United States while allowing the federal government to tax and regulate the industry. While past legislation introduced by Frank has failed to overturn the online casino game ban, the current economic climate and a democrat-controlled House and Senate may be the perfect context for a change.
The current law, while banning online casinos from operating in the United States, does not allow for law enforcement to pursue the players themselves. This has allowed thousands of US citizens the ability to play online casino games at institutions run overseas, without fear of repercussions.
One such online gambling venue, Silver Oak Casino, welcomes US players and uses several transaction methods that allow players to make deposits without worrying about the safety of their money.
To give the online casino games at Silver Oak a try, click the Play Now button below to download the casino software and get started: