The term offshore gambling refers to casinos or sports betting sites that operate from international waters or from locations outside a gambler's own country. The term arises because it may be illegal to operate a casino or provide sportsbook betting services in one location, but be legal to provide them in another. Thus, people who live in an area where gambling is illegal might travel to another location to gamble legally.
The term offshore gambling has recently taken on a whole new meaning due to the rise of online gambling sites. Many online casinos, for example, are located in Antigua, where online gambling is legal and regulated, but most of their customers live elsewhere. As online gambling proves to be an ever more popular form of e-commerce, places like the UK, which already have legalized sports betting, are working to allow and regulate online gambling too.
The United States government has taken the position that online gambling should not be accessible to Americans. To that end, they have made attempts to prevent credit card companies from allowing internet gambling transactions. A lot of consumers and offshore casinos don't take too kindly to the U.S. government's stance.
The World Trade Organization has actually ruled that U.S. attempts to prevent offshore internet gambling firms from pursuing the U.S. market amount to a form of protectionism for the U.S. gambling industry. As someone who's been a successful gambler for over 25 years, I'll tell you this: gambling is a legitimate and enjoyable form of entertainment for millions of people worldwide. No matter where you live, you can check out my recommendations for the best offshore gambling sites here at GamblingWiz.com. Backed my one of a kind Jerry's Pledge, you can gamble at these sites with confidence, so good luck and have fun!