Can I Host a Poker Tournament in My Home with Friends, Only for Entertainment Value?
The answer depends on what you mean by “entertainment value”, the laws where you live regarding "chance", and your state's laws on social gambling....
Business Law
Gambling With Your Friends And Neighbors — Social Gambling
Social gambling is a game played primarily for fun or to socialize with among friends, family, neighbors, or co-workers in a private location....
What is illegal gambling?
Any gambling not specifically authorized by the state as it sees fit is illegal. If gambling is legal, only the types of gambling in the state are permitted....
How do States Regulate Gambling?
A state enacts statutes setting forth what type of gambling activity, run by whom, in what locations, subject to what conditions or restrictions is legal....
The Three Core Elements That Make Up Gambling
Generally, whether an activity constitutes gambling hinges on three core elements: (1) chance, (2) consideration, and (3) prize, each with its own definition. ...
Unlawful Internet Gambling Enforcement Act (UIGEA)
The Unlawful Internet Gambling Enforcement Act (UIGEA) prohibits gambling businesses from receiving payments for “illegal” online gambling from financial payment processors....
The Wire Act
The Wire Act is a federal statute that prohibits online gaming businesses from receiving receiving/sending bets or wagers using telecommunications....
What are the Key Federal Gambling Laws?
The Wire Act, the Unlawful Internet Gambling Enforcement Act, and the Professional Amateur Sports Protection Act are the three main federal statutes that apply to gambling. ...
Gambling Using Digital Currency
Using virtual currency for gambling is just another payment option; one you should use only if you are willing to accept the additional risk that come from its use....
Are Gambling Debts Enforceable if Incurred by Minor Child?
You do not have to honor hour minor child's gambling bets because they are not legally enforceable or collectible. ...
Can I Go to Jail for Unpaid Gambling Debts at a Casino?
It is the debtor's intention when they incurred the debt that determines whether a crime was committed. If truthful at the time of incurring the debt, and later unable to pay, you cannot go to jail. ...
Do I Break the Law When Placing Bets on Offshore Gambling Websites or Use an Overseas Account?
You cannot legally bet or gamble on offshore websites or use an overseas account if you are placing the bet online in a state which bars online gambling....
Can I go to jail for online gambling?
Though gambling online is convenient, it may be illegal in your state and subject you as a player to criminal prosecution. ...
Does Cash Have to Change Hands for It To Be Gambling?
The prevailing belief is: If cash is not changing hands, it is not gambling. Is that true? Unfortunately, it is not. ...
Is Fundraising with Raffles, Casino Night for Schools or Charity Subject to Gambling Laws?
Complicated answer. Any non-gambling fundraiser will be legal. Any gambling fundraiser (one with consideration, prize, and chance) may be legal....
Licenses and Permits Needed to Start a New Business
Most businesses have licensing or permit requirements. Whether or not you will need a business license or business permit depends on the type of business you plan to open, the location of your busines...
Starting an Internet Business in New York City – The Legal Issues
Starting a new Internet business in New York City involves most of the legal issues that all new businesses have to deal with, plus several additional legal matters unique to Internet businesses. Succ...
Operating a Home-Based Business from Your Condo or Co-Op
The United States supports free enterprise, which means that anyone has the right to start a freestanding business or home-based business on his own without owning a piece of property. The law states ...
Visas for Non-Citizens Wishing to Start a Business in the United States
Citizenship and residency are not required to start a small business in the United States. Some small business opportunities may allow you to choose to reside in the United States if you qualify for a...
The Benefits of Incorporating a Business
There are many benefits of incorporating, ranging from liability protection to tax benefits. The primary reason many businesses incorporate is limited liability. Both corporations and LLCs allow owner...
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