A lot of people ask “is online slot gambling legal?” The answer is yes, but it’s not a simple yes or no. In fact, the legality of online casino games in the United States is highly dependent on state laws and regulations. It’s also very dependent on whether or not a gambler can control their betting habits and prevent themselves from becoming addicted to online gaming.
Currently, twenty-four of the fifty US states have legalized some form of regulated gaming. This includes casinos, racetracks, and even state-run lottery games. The two holdouts are Utah and Hawaii. These states have very religious communities that oppose gambling of any kind. In addition, a large percentage of the population in these two states are Mormons, which has a significant impact on local regulations.
New York has been one of the most reluctant states to allow iGaming, although it has shown signs of change recently. The Garden State finally approved online sports betting in 2013, which has resulted in huge revenue influxes. Despite this, many residents still feel that the government has not done enough to protect the interests of New Yorkers when it comes to iGaming.
There are a few factors that are holding up the implementation of New York online casinos. One is the Federal Wire Act, which has been interpreted to prohibit online gambling by the Department of Justice (DOJ). This law was passed before the commercial inception of the internet, but the 2011 re-interpretation of it has opened up a host of legal options for gaming sites.
Another major issue is the high tax rates in New York. This is a major hurdle to overcome, especially since iGaming can actually boost the economy of the state by increasing tourism. In order to combat this, legislators will have to make some major changes to the tax code in New York.
Ultimately, the legality of online casino games in New York depends on the state’s willingness to regulate them. Luckily, lawmakers are starting to show more interest in this matter. The state is currently sitting on a billion dollars in iGaming revenue, which could be used for transportation and healthcare. With this in mind, it is only a matter of time before New York online casinos are launched.