New York 5th State to Legalize Online Gambling: Beware of Dangers

Written by:
Guest
Published on:
Nov/10/2017

NY Wants Legalized Sports Betting Ahead of Supreme Court Case - New York will again take a look at the possibility of widely legalizing and regulating sports betting, according to The Albany Times-Union.

The effort comes well after the state already enacted a law in 2013 that would allow sports betting at its newly minted commercial casinos but just weeks before the US Supreme Court is set to decide on legalized sports betting at the federal level.  Source: Legal Sports Betting

Warning: The Dangers of Online Gambling - Sheldon Adelson is concerned about problem gambling. He’s also concerned about underage gambling, international terrorists using gambling operations to move and hide money, jobs being lost to competition from other gambling outfits and, of course, the threat to the public interest posed by additional gambling outlets hitting the market.  Read More Here

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Online competitions might look like raffles or sweepstakes, and in some ways, they are. There’s usually a prize, a way to enter, and a winner chosen at the end. However, the way these contests are structured legally makes a big difference.

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