The Status Of Online Casinos In The United States

10 July 2012 – By Linda Jefferson

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If you’re an individual that is relatively new to the world of online casino gambling you may be wondering why people from the United States are not allowed to sign up to many of these online sites. If you have been playing online for a while now you may have heard the term Black Friday and wonder how that relates to the online gaming industry. Black Friday was the name used by the online gambling industry for Friday, April 15, 2011. It was on this day that the United States Department of Justice decided to seize the sites from three of the biggest online poker rooms that were operating all throughout the world, including America. The three sites were PokerStars, Full-Tilt Poker and Absolute Poker and the government not only restricted any play from the American citizens they went as far as freezing all the accounts of everybody from the US that was a member, as well as the company itself.

It was during this seizure that it came to light that one of the biggest sites called Full-Tilt Poker who had its assets frozen as well, actually did not have enough money to pay out every US member in order to clear all their accounts. It turned out Full-Tilt Poker was using money from other people’s accounts to pay off winners and in fact used a type of pyramid scam to keep people’s accounts running. Full-Tilt Poker was in big trouble, Absolute Poker quickly disappeared, but PokerStars on the other hand was able to pay off all their U.S. members as well as pay a hefty fine to the Department of Justice for operating in the United States. This type of gambling was deemed illegal for a while, but up until this point no online accounts had been seized and the government thought it was time to make the message clear that online gambling would not be permitted in most United States.

Since Black Friday back in 2011 there been great strides to try and legalize many areas of online gambling throughout the United States. A statement was released a few months ago in 2012 that the government of the United States would allow certain gambling sites to run, providing they did not deal with any type of sports betting. Unfortunately even with the government statement that certain states themselves could legalize different types of online casino gambling, there has still been a lot of problems dealing with this issue and it may take some time before these great online casino sites are available to U.S. citizens.

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