Main Article About Gambling Online
Gambling online is any type of gambling conducted over the internet, including casinos, poker and online sports betting. This includes live gaming, electronic lottery and other non-traditional gaming options. Live gaming is typically regulated through an operator who controls and monitors the games; online gambling is generally run by an independent third party, such as a bank or credit union. The first internet gambling site opened to the public, was ticketing for the world’s first ever Liechtenstein International Casino in October 1994.
There are many different types of activities which constitute gambling online, however some of the most popular include slots, video poker and blackjack. Online gambling sites are either illegal or have very minimal regulation. Illegal gambling sites are associated with numerous criminal activities, including identity theft and fraud, which may include stealing funds from account holders and accepting money from new accounts that do not exist. Others engage in activities such as gambling, laundering, gambling for other people’s lives, terrorism funding, tax evasion and money laundering. While online gaming may not always be associated with illegal activity, it can create a sense of danger for online gaming site customers who may not know the difference between an innocent site user and an illicit enterprise.
For this reason, online gambling should only be conducted by established gambling sites with a proven track record and with policies and procedures which are clearly understood and implemented. This means that you may not want to risk your money with an online gambling site that has been shut down for suspect activities or by an operator whose business has closed multiple times due to neglect. In the case of online casinos and poker rooms, you can check out the main article about online gambling regulations for a list of countries which prohibit live gaming and online gambling altogether. The main article also provides an overview of the different types of online gambling and how each one operates.