Online gambling is any type of gambling conducted via the Internet. This includes casinos, live poker and virtual casinos. The earliest online gambling venue open to the public, was lottery ticketing in October 1994. Since then there have been many sites dedicated to online gambling of varying degrees of complexity.
In order to understand how online gambling could be used for money laundering a short discussion of the various types of online poker is required. Poker is a card game where the player pays money to another player in the hope that they will win that money back. The types of cards are poker blackjack and Omaha, and the way the cards are dealt is by lay outs such as the seven-card stud, the community round robin and the rapid draw.
Most websites which offer free online poker will also offer you the opportunity to play for money. Many of these websites, especially those that provide casino games, may require you to register with a credit card before you are able to begin playing. Some of the money casinos which offer online poker as a service will only ask you for your credit card information once you have made an initial deposit. With the information you provide such as your name, address and credit card information you are virtually certain to be permitted to gamble online for real money.
There have been instances where online poker players have been prosecuted for taking part in online gambling. The two most high profile cases involved two men who each faced financial laundering charges. The charges in both cases resulted in a seven-year prison sentence for one man and a ten year sentence for the other man. The two men were found guilty of running online poker gambling sites using the names of their respective employers. The charges were filed by the United States Department of Justice based out of the state of Nevada.
As a follow up to this main article I am going to offer information on another offense that is similar to the one which resulted in the convictions above. This offense is called “booking a casino.” A person who books a casino and fails to appear in court is guilty of this offense. The punishment for booking a casino can range from a small fine to a suspended jail sentence. The main issue with this offense is that if caught, the offender can face years in state prison.
The last main offense, I’d like to discuss in this article is called “Abduction For Financial Arrangements.” This is a fairly new term which has just recently been included in the UK gambling laws. This offense involves a person taking funds from their own account in another country and failing to return the funds. An example of someone who might commit this crime would be, let’s say a person living in the United Kingdom who receives a payment from an offshore gambling site.
These are the three main crimes associated with online gambling in the United Kingdom. Hopefully, this will provide you with some insight into the world of online gambling. If you are a UK resident and are concerned about any of these crimes, you may wish to contact your local police department. Please note that the information contained within this article is the opinion of the author and is not intended to be used in place of, or in conjunction with, professional legal advice or recommendations regarding your particular situation.
Online gambling has come along way over the past decade. While it is true that online gambling has caused some controversy in some countries, especially in the U.S., it is very widely accepted all around the world. Just be sure to follow the laws and regulations of your country and don’t risk getting yourself into a worse financial crisis than you are in right now. If you have a problem gambling, you may wish to consider hiring a licensed UK gaming lawyer so that you can receive the maximum amount of money for your troubles.