Legality of an Online Gambling Website
My question involves business law in the state of: FL
Is it legal to run a gambling website in the state of Florida that would cater to US residents?
If not, is there any other state where it is legal to run a website that caters to all US residents?
If not, is it legal to run a gambling website where there is no money being exchanged?
Thank you
Re: Legality of an Online Gambling Website
No
No
If there is no money it is just games.
Re: Legality of an Online Gambling Website
Thank you for the succinct answer
Re: Legality of an Online Gambling Website
Re: Legality of an Online Gambling Website
The exception would be horse racing, which legally can be bet online in 22 states. In many cases the online bets are comingled with actual on-track pools. That is especially significant for Hong Kong racing which is well regulated and has the largest betting pools in the world, something like 10 times bigger than Southern California. (In other words, you can potentially make a really BIG bet.)
Of course this only applies if you want to bet on horses—not if you want to run your own gambling site. The horse race sites I know about are based in Oregon, but Florida allows its residents to setup accounts on those sites.
Also in 2013 poker and casino games were introduced in a few states but I’m less familiar with the details on that.
Re: Legality of an Online Gambling Website
Well, except that your own statement is contradictory. You can't have a horse-racing gambling website. In fact, even setting up your own paramutual on or off-site betting is highly restricted even in states where it is legaly. You just can't build a track and start taking bets.
The exception is actually for fantasy sports. Apparently, there were enough congressmen bribed on that issue to write an exemption.
Re: Legality of an Online Gambling Website
Quote:
Quoting
flyingron
Well, except that your own statement is contradictory. You can't have a horse-racing gambling website. In fact, even setting up your own paramutual on or off-site betting is highly restricted even in states where it is legaly. You just can't build a track and start taking bets.
The exception is actually for fantasy sports. Apparently, there were enough congressmen bribed on that issue to write an exemption.
What is the exemption for fantasy sports? That is the type of site I'm looking into
Re: Legality of an Online Gambling Website
Several states have made them illegal.
Arizona, Hawaii, Idaho, Iowa, Louisiana, Montana, Nevada, and Washington
And the cost to enter that particular arena of business would be very high.
Re: Legality of an Online Gambling Website
Quote:
Quoting
PayrolGuy
Several states have made them illegal.
Arizona, Hawaii, Idaho, Iowa, Louisiana, Montana, Nevada, and Washington
And the cost to enter that particular arena of business would be very high.
I'm looking to create a site in a sport that doesn't currently have an existing competing site, why would the cost be high?
Re: Legality of an Online Gambling Website
The software costs alone significant.
26 hours ago you weren't even talking about fantasy sports. Now you think you know enough to start a website?
Re: Legality of an Online Gambling Website
I was speaking about the federal preemption against electronic communications for gambling. Start here. Note the article is over three years old so there are more states now that ban it. http://www.ncsl.org/research/civil-a...sy-sports.aspx
Re: Legality of an Online Gambling Website
This link seems to have been updated on the first of this month.
https://www.legalsportsreport.com/da...llowed-states/
I have no idea what the adjective daily means in this context.
Re: Legality of an Online Gambling Website
Quote:
Quoting
PayrolGuy
The software costs alone significant.
26 hours ago you weren't even talking about fantasy sports. Now you think you know enough to start a website?
lol, I didn't mention fantasy sports but that was my intention when asking about gambling, I'm sorry if it caused some confusion.
I'm a software developer and I can make the platform but I wanted to look into the legal aspect before taking on the development.
Quote:
Quoting
PayrolGuy
Thank you, that's helpful
Re: Legality of an Online Gambling Website
You've got legal issues in every state you want to operate.
You've got issues with a lot of the banking companies. Even when gambling transactions are legal under the banking laws, you'll find many payment processors who are unwilling to process such transactions (for example, PayPal won't even let a non-profit conduct a legal raffle with their service).
I also find it hard to believe there's any uniqueness to your scheme. Hell, I saw a fantasy site for the Scripps Spelling Bee this year.
Re: Legality of an Online Gambling Website
Quote:
Quoting
flyingron
You've got legal issues in every state you want to operate.
You've got issues with a lot of the banking companies. Even when gambling transactions are legal under the banking laws, you'll find many payment processors who are unwilling to process such transactions (for example, PayPal won't even let a non-profit conduct a legal raffle with their service).
I also find it hard to believe there's any uniqueness to your scheme. Hell, I saw a fantasy site for the Scripps Spelling Bee this year.
Sounds like a lot of hoops to jump through, thank for the info.
It's certainly not unique because it's a fantasy site it's just in a sport that I haven't seen that's been done before (I've searched around).
Re: Legality of an Online Gambling Website
Information is very good for us. You all can take our support related to legal services in Las Vegas