Legal Gaming is dedicated to the goal of legalizing online wagering for the purpose of protecting players, driving tax revenue, and creating jobs. To this end we equip like-minded American citizens with the tools to effectively petition legislators and organize demonstrations in their communities.

 
 
 

THE MARCH TOWARD LEGALIZATION

In 1961 the US passed the Interstate Wire Act, a law intended to prevent wagering across state lines. With the advent of the internet this law was initially cited as governing online gaming, even though its language was antiquated when applied to the Web. Anticipating a challenge to the law, the US passed the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, which made processing payments for gambling sites illegal. Steps are now well underway to reverse this law.
April 2007
Rep. Barney Frank, a democrat from Massachusetts, introduced the Internet Gambling Regulation and Enforcement Act (IGREA) which calls for online gaming legalization.

September 2008
Senator Robert Menendez introduces S.3616, the Internet Skill Game Licensing and Control Act to provide for the licensing of online skill game facilities. It does not pass.

March 2009
Ron Kirk is appointed as US Trade Representative. Kirk promises to take a stand against legislation like the UIGEA that is bad for current trade agreements.

June 2009
The EU warns the US that the UIGEA breaks international trade agreements, and pressures them to take action to overturn the online gambling ban.

June 2010
The UIGEA goes into effect. American banks are prohibited from processing payments to and from online gambling websites.

July 2010
The House Financial Services Committee passed Barney Frank’s bill, H.R. 2267 by a vote of 41-22-1. The bill would legalize and regulate online poker along with some other forms of internet gambling in the United States.

Frank’s bill passing committee was a major breakthrough in the battle to legalize gaming in the US. Several other measures are also underway in state houses all across America. It appears that the momentum to end prohibition and move to a tax and regulate model will eventually carry, and LG is poised to capitalize when it finally does.

 
 

Legal Gaming represents millions of players, website owners, and concerned Americans that believe the prohibition on internet wagering hurts US interests. Numerous research studies have been conducted that project the positive result of regulating online wagering, including the creation of over 30,000 jobs and billions of dollars in new tax revenue streams.  Legal Gaming is committed to creating a sensible online wagering environment that benefits the US economy and its citizens.

"Although online gaming now accounts for only a small share of the total worldwide market, it is one of the fastest growing sectors.” - Ernst &Young
PROPIETARY SOFTWARE

The online gaming industry faces several distinct challenges in facilitating payment, fraud being only one of many factors. Legal Gaming has painstakingly crafted applications catered to anticipate and resolve these challenges. Our database of over 180 million authenticated users protects clients from unscrupulous bettors and averts chargebacks. State of the art encryption safeguards users, preventing identity theft.

 
Legal Gaming has developed proprietary software capable of processing hundreds of millions of wagers accurately and securely. Our system handles every aspect of the payment fulfillment life-cycle, from initial user authentication to final funds transfer. That’s why LG is uniquely equipped to advise states considering legalizing online gaming - while also offering turn-key merchant solutions to their licensees.
 
 

 

In attempting to devise a solution to meet the potential regulatory requirements of states -  the transparency of gaming sites and the safeguarding of their  customers - LG developed a revolutionary application that meets the needs of each equity holder in the payment process.

Players can deposit funds through pay2winners.com and then apply these credits at any state-licensed gaming site. This solution streamlines gaming transactions since the player can patronize several establishments without having to go through a cumbersome sign-up process at each website. It also simplifies the accounting for both the state and gaming houses by providing them with one detailed statement of the player’s gaming activity, including any taxes incurred on winnings.

 

 
 


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