Will There Be More Online Sports Betting?
Many online sports books have opened recently in South Carolina. These online bookmakers began operating in South Carolina a few months ago and have since faced many regulations from the State. The New Jersey Attorney General called for an investigation into whether or not the online sports betting industry was legal in the state. In the past several months the online sports betting industry has faced at least two different cease and desist orders from the U.S. Department of Labor and Department of Education. The Labor Department’s action came after South Carolina passed House Bill 708 which would limit online gambling.
Online sports betting is against the law in south Carolina under the recent laws passed in the House and Senate. Online gambling has been illegal in the state since 2021. The federal government has threatened to take similar action against those gambling sites that operate outside of the country. The Federal Wire Act passed by Congress makes it illegal to operate an interstate gambling site. The House and Senate voted on House Bill 708 without debate. Both houses passed it unanimously.
The U.S. House passed another piece of legislation this month that would make it illegal for offshore gambling sites to operate in south Carolina. This measure will affect all online sports betting where people from outside the United States gamble. The U.S. House passed S.B. 708 on a voice vote without debate. The House and Senate are expected to vote on another piece of legislation soon.
Lawsuits against a few offshore gambling sites in south Carolina who were accused of running games illegally have been halted. Two weeks ago, the State of New Jersey fined two offshore gambling sites an undisclosed amount for running games in the black market. New Jersey is now considering opening an offshore gambling center in south Carolina. If it does, it could open the door for online gambling in south Carolina as well.
U.S. Attorneys General brought civil suits against two companies involved in an online sports betting service. Gambling in the U.S. is not legalized, but online gambling is becoming more accessible. The Gambling Commission of South Carolina has been trying to pass a law which would legitimize online sports betting. The Gambling and Insurance Regulatory Agency is working on that. The Attorney General believes the Gambling Commission is not doing enough to regulate the industry.
Gambling is an industry with big money and big politics. The politicians are busy passing laws that benefit their political party and the contributors they give big money to. Most states have inadequate laws to protect consumers. Online sports betting is not subject to the same oversight as traditional casinos. That makes it very vulnerable to corruption and other unethical behavior.
A new online sports betting site has come forward to take center stage. This site promises to clean up the online sports betting industry. They have already taken measures to make sure their process for gaming is fair. This site promises to not only have games available that are fair, but also to provide the consumer with free games. It also promises to help govern itself by developing ethical policies.
The Attorney General views online sports betting as a business and not a crime. But he is concerned about the increasing number of fraud cases that he has seen. He wants to see better police work done to trace the online sports betting websites that fraudulently get people’s personal information. He is also concerned about the rising amount of money that some websites take from customers. He is trying to tighten the no-payout rule for online sports betting.