Regulations put upon gambling state and nation wide.

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Presentation transcript:

Regulations put upon gambling state and nation wide. Gambling Regulations Regulations put upon gambling state and nation wide.

Meaning of Gambling Regulations Gambling, though widespread in the United States, is subject to legislation at both the state and federal level that bans it from certain areas, limits the means and types of gambling, and otherwise regulates the activity. - Wex Legal Dictionary Gamble-Bet (a sum of money) on a game of chance:he was gambling every penny he had on the spin of a wheel Regulations- A rule or directive made and maintained by an authority:planning regulations Although many gaming regulations are made at the state and local level, the federal-level influence of the casinos/gambling industry has grown through both campaign donations and lobbying efforts. Much of the motivation for this increased spending is the desire to minimize federal regulations that will impede the industry's growth on a national scale. Influencing legislation attempting to stem the rise of Internet gambling is also a factor. The casinos/gambling industry includes a subcategory of Indian gaming, which is federally regulated.

Gambling Regulations Background “The United States has had a long history of allowing some forms of legal gambling and a degree of tolerance of illegal gambling. Societal tolerance and acceptance of legal gambling can change rapidly. Scandals and political control by gaming interests have led to backlashes which result in regulation and/or prohibition.”-Roger Dunstan Great Depression- Gambling became legalized in more and more places especially after the stalk market crash of 1929. Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes. Nevada Legalized Most Forms of Gambling in the State in 1931- Motivated to build on tourism First financially successful lottery- New Jersey 1971 Legalized gambling was looked on as a way to stimulate the economy

Common Argument Although there is no solid resolution for this topic, it seems as though it will sway towards internet gambling This is because the rules on online gambling are very skewed and it is a pretty controversial topic especially with politicians. There are only three states in the United States where online gambling is legal Delaware, Nevada and New Jersey- Online gambling needs to be legalized and regulated so that people don’t fall victim to international gambling websites. People are illegally gambling on international websites with little to no regulations. This results in players being caught up in fraud through the website The players if involved in an incident of fraud cannot go to the court system and expect any help because they were illegally gambling in the first place from a online casino outside of US jurisdiction

Gambling on Indian Reservations Common Argument Gambling on Indian Reservations Tribes are Tax Exempt. Gaming on Native American lands earned $26.5 billion in 2011. 236 Native American tribes operate 422 facilities across 28 states. Yet Native American tribes and their wholly owned tribal corporations are not subject to federal income taxes on their earnings. State Taxes are Tricky. States do not have the power to tax Native Americans living on a reservation whose income is derived from reservation sources. However, a state may tax Native Americans on income (including wages from tribal employment) if they reside in the state but outside the reservation.

Sources Cited Legal Information Institute-https://www.law.cornell.edu/wex/gambling Oxford Dictionary-http://www.oxforddictionaries.com/us California State Library-https://www.library.ca.gov/crb/97/03/crb97003.html#toc Forbes-http://www.forbes.com/sites/robertwood/2012/10/11/native-american-casino-and- tax-rules-that-may-surprise-you/#756af8d011fe

Its sites such as these ones that are getting people into huge trouble.