1988: The Indian Gaming Regulatory Act (IGRA) is passed. It provides a framework that allows casinos and gambling on Indian reservations around the US. A regulatory National Indian Gaming Commission is set up to oversee licensing.
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Neteller.Neteller is another e-wallet payment system available in more than 150 countries around the globe. Some time ago it was considered to be the most popular payment option in the gambling industry. And even though it’s replaced by the credit cards now, many casinos accept Neteller payments and many gamblers choose it as the main payment system. This option is currently not available for the USA gamblers.
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It is interesting to note that most online gaming regulatory agencies worldwide are situated in areas that are rather remote areas. The Kahnawake Gaming Commission is an agency located in one of the most remote areas in Kahnawake which is a Mohawk Territory in the Quebec province of Canada.
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There are two reasons that have made Kahnawake one of the main regulatory players in the internet gaming industry. The first one is that the Constitution of Canada is responsible for providing the Indian tribes’ autonomy over their land. A fiscally conservative country, Canada may offer unreasonable laws were it to control internet gaming, but the Indian counsels can effect a view that is more liberal. Secondly, any operations related to Indians have a special tax guideline that is seen as favorable in the gaming industry.
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