Online Gambling is steadily growing fast and is getting very popular not just in the U.S. but all over the world.  Many Online Casinos are adapting to this by providing there online games in many different languages.  Americans spend an astounding $586 Billion a year on gambling, yes I will repeat it, $586 Billion a year.  Approximately $1.2 Billion of that is spent Online.  They speculate that in the near future that could rise to $10 Billion.

Many Online Casinos allow Americans to play games and place bets on their web sites, however, this may soon change.  There is a pending lawsuit against offshore Internet companies, the suit consist of 14 different  casino owners  being charged with conspiracy.  This lawsuit is based on the Wire Act which was passed in 1961 which makes placing bets over the phone illegal.  While the lawsuit is going on it is still legal to gamble over the Internet.  Only businesses based out of the country are allowed to operate online casinos.

Nevada is the first state to pass a law which keeps people from betting or accepting bets over the Internet.  Even if someone is caught breaking this law  it would be very hard to convict that person in a court of law. Many politicians think that laws like this still need to exist.  Internet gambling web sites can only be prosecuted under the Wire Act. 

Enforcement is the biggest challenge facing lawmakers who want to regulate and eventually ban online gambling altogether.  There is a question to who should be liable when prosecution comes into play.  Should it be the casino owners or should it be the player.  Some people think maybe it should be the banks that could be held responsible for letting the illegal transaction go through.  Who knows what is going to happen, so in the mean time keep on gambling.