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Americans are gambling online today, but more than money is being wagered because they are gambling in an unprotected, unregulated and largely unknown world. We should regulate Internet gambling to protect the American people and rightfully collect billions in lost tax revenue that could help us fund important programs that benefit people. Another sign that it is time to walk away is when you have spent all of the money in your gambling online budget. When your budgeted funds have been used up it is time to stop gambling.
If you or a relative is struggling with compulsive gambling, we want you to know there is hope to overcome this addiction. To perhaps better understand the impact gambling has/had on individuals that have been cought up in it, and families and friends that have been affected by it all - so a positive outcome can possibly be found in the process of such recovery. It is important to keep an accurate diary or similar record of your gambling winnings and losses. To deduct your losses, you must be able to provide receipts, tickets, statements or other records that show the amount of both your winnings and losses.
Online gambling is actually against the law in 11 states including Illinios. But right here in Chicago you can either go across the state line to play in a "real" casino, or play in "charity" poker tournments for entry fee of 75 or more. There are a few reasons why online gambling is not encouraged. Casinos, in the US are/were generally setup in economically depressed areas. However, in England, the European Court of Justice has recently declared that the issue of gambling is exclusively that of member state competence, meaning that EU countries have full jurisdiction in deciding whether online gambling is legal or not. Consequently, sharp divergence can be seen from country to ountry. |
