The US law on online gambling.
The new law has obtained a lot of attention over the last few months, and there have been many rumors about its contents.
Online gambling is not made illegal by the new law. This is a common misconception.
It all comes down to the name.
“Unlawful Internet Gambling Enforcement Act,” the actual name of the act is the somewhat obscure “Security and Accountability For Every Port Act of 2006.”
The section on Unlawful Internet Gambling Enforcement starts on page 213. (The act can be found on Congress’ website).
As the name implies, its primary goal is to enforce the current laws regarding internet gambling.
Financial institutions are prohibited from receiving money from websites that violate US laws (on internet gambling) by lawmakers (Congress).
Let me clarify this last point. This bill does not apply to any funding mechanism for Internet gaming that is illegal. The act enforces the existing legislation by telling financial institutions they are responsible if they receive money from a site that violates US laws.
What is illegal internet gambling?
Under section 5362(6), illegal Internet gambling is defined as placing or receiving a wager “where such bets or wagers are unlawful under any applicable Federal and State law.”It is still legal even if it wasn’t illegal previously.
The problem is internet gambling is illegal in 11 states. Banks must ensure that they don’t accept unlawful money from sites.
The Wire Act made sports betting illegal in 1961. However, internet gambling is legal.
Where is the earth?
Another problem with the law is its jurisdiction. The US Congress doesn’t have the authority to make rules for companies located offshore.
The US does not have the power to subpoena an offshore company and demand records. How can they determine where the money came from?
How can financial institutions determine if money is coming from illegal activities (in the US)?
This last point is what explains the panic of some financial institutions. They assume that if they can’t tell where the money came from (for different reasons), they could be charged later with some crime.
Control you ever wondered why gambling could be so addictive? It’s hard to quit, but you can’t stop wanting more. It’s amazing how you can’t resist that urge, even though your conscious mind knows it will cause problems. Gambling is designed to take advantage of the subconscious. Once it has a hold on you, it can become a destructive addiction.
Online gambling is now possible, so what will stop you from playing and spending lots of money?
Do not try to ruin your life. Internet gambling can help you manage your problems. These are some tips to help you.
1. You can live without an Internet connection. If you disburse too much time online, it is best to disconnect your Internet connection completely. The best way to sidestep temptation is to get rid of the source.
2. Install a web filter. Install a web filter if you cannot disconnect your Internet connection at your home because you or your family members require it. This is ideal for people who gamble online even while at work. It is impossible to disconnect the internet connection from most offices as they need it for their operations. A web filter is the best way to prevent you from accessing online gambling sites.
3. Hypnotherapy is available. Hypnotherapy is one of the best methods to get professional treatment. If you are not comfortable with the idea of joining support groups, you don’t need to. Sessions of hypnotherapy are conducted in privacy at the therapist’s office. The sessions will involve hypnotizing you to a certain consciousness level so that your subconscious is receptive to reinforcement and influence. The therapist will remove your subconscious obsession with Internet gambling from its root: your subconscious.
4. Watch subliminal videos daily. Subliminal videos are a great way to get rid of your Internet gambling problems. This treatment is ideal for most people because it eliminates external triggers like your Internet connection and removes the urge within you to gamble. You can add anti-gambling to your daily life if you don’t feel the need to get treatment.
It is also highly preferred because it is cost-effective, and you don’t have to tell anyone about your Internet gambling problems. These videos are only for a few seconds. You don’t even hold to set aside time. The videos can be considered whenever you want, whether you are awake at night or not. These videos are free to download, or you can purchase them online at a reasonable price.
Subliminal videos make your conscious focus on images on your screen and then send hidden messages to your subconscious. These subliminal messages could look like this:
I have complete control over my desires.
I choose how I spend my time.
I invest my time and money in worthwhile, essential things.