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20 April 2008, 3:19 pm
#1
Newbie to gambling online needs info on new US laws.
Hi everyone,
Thanks for your help.
I'm new to gambling online, but would like to start my own white label, or private label casino and sports-book website.
I reside in the USA, and I understand laws have been passed to restrict fund transfers to and from gambling sites (correct?)
I need to know what I can still do legally (and what I can't) to start my new website.
Thank you all for any assistance you may pass along.
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20 April 2008, 3:41 pm
#2
My advise to any resident of the United States is very simple. Do not operate a while-label casino that accepts any players from the United States. To do so is to engage in an activity that is criminal under United States laws. This is even more true if sports betting is involved. There are currently people in jail in the United States because they were involved in offering sports betting on the Internet to US residents.
Operating as an affiliate is generally safe enough (although sports betting is also risky) from a legal perspective for most webmasters (state laws matter here), but participating as a operator is definitely unsafe legally.
In the case of Casino City, we have always avoided being involved in sports betting as a US company in order to mitigate any legal risks. And, of course, we do not participate in the industry as an operator. We only act as an affiliate.
Michael
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20 April 2008, 4:57 pm
#3
I agree 100%
When I started I was asking the same question, but I quickly came to the realization that the markets in legally regulated environments were more than enough to make it worth while.
When you offer a "regulated" casino to your readers you are going to be sure that they are most likely going to get paid, have less problems depositing, and you as an affiliate are going to be able to trust the casino (more than an US unregulated one) to stay open to pay your players and yourself as an affiliate.
So, build your sites towards a more global audience.
Good luck!
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20 April 2008, 5:23 pm
#4
Okay, so an affiliate is the safest way to go,
and if I do start a white label, it should not accept customers from the US.
Thank you, Michael.
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20 April 2008, 11:52 pm
#5
Start off as an affiliate, I think you'll do better. It will give you the chance of learning the industry. I made the mistake of starting off with a white label, and I didn't know anything about the online gaming industry.
Cheers!
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22 April 2008, 2:17 pm
#6
Thanks Wager, I'll do that.
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