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Betting and Gambling

gambling or gaming, betting of money or valuables on, and often participation in, games of chance . In England and in the United States, gambling was not a common-law crime if conducted privately. Even in colonial America, however, gambling was liable to rankle public opinion because it was often associated with rowdy activities and could produce debtors who would burden society. In the United States, state laws largely govern gambling. Some states prohibit public wagers or betting by minors, while others allow wagering up to a certain amount. In some states parimutuel betting on horse races at the tracks is legal; several states permit parimutuel betting on dog races and jai alai games, and most states operate or participate in daily and weekly lotteries. Though all of these state-sanctioned forms may conflict with public opinion on the moral and economic worth of gambling, all provide state and local governments with large revenues. The first legalized offtrack betting system in the United States opened in New York City in 1971. Nevada was the first state to sanction many types of gambling, with casinos operating slot machines, card games, and various games of chance. For many years, Nevada was the only place in the United States where casinos were legal; now more than half the states have them. Some states, however, particularly those along the Mississippi River, restrict casino gambling to riverboats . Following the federal Indian Gaming Regulatory Act of 1988, states were required to permit on reservations any type of gambling that was permitted off-reservation. Since that time, tribes throughout the country have opened legal gambling establishments, often greatly enhancing their economy and that of the area where they live, but reservation gambling still produces only a small percentage of all gambling revenues in the country. 


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Current Betting and Gambling News Today

Panthers, Utes Highlight Opening Night
The 2010 college football season gets underway tonight with seven games and the most intriguing is Pittsburgh at Utah.

Thu, 02 Sep 2010 23:55:15 GMT

German Soccer Clubs May Gain $385 Million From Betting Rulings
German soccer clubs may tap into revenue from the nationa s 7.8-billion euro betting market when the European Court of Justice decides on the legality of the nationa s sports gambling laws next week.

Thu, 02 Sep 2010 07:00:00 GMT

Clamour grows for legalised betting in India
The Pakistan spot-fixing scandal has once again shone the spotlight on illegal betting in the sub-continent and reopened the debate on the legalisation of gambling in India.

Fri, 03 Sep 2010 00:27:21 GMT

Mobile Gambling Wagers to Surpass $48bn by 2015, Spurred by Chinese...
A new report published today by Juniper Research has found that a combination of mobile casino, lottery and betting service launches in major emerging markets led by China allied to liberalisation of remote gambling legislation across the US and Europe will see the scale of annual wagers on mobile gambling exceed $48bn by 2015.

Thu, 02 Sep 2010 21:21:37 GMT

NZ betting agency to accept bets on Pakistan
WELLINGTON: New Zealand's state betting agency will accept wagers on cricket matches during Pakistan's December tour despite match fixing investigations into the Pakistan team.

Thu, 02 Sep 2010 03:26:37 GMT