You should only ever choose to gamble online using USD, whilst that is always going to be the only option when playing at US State licensed online gambling sites if you choose for whatever reason to gamble at an offshore based gaming site you may be forced to deposit funds using a gambling legal currency, and that will instantly make you liable to a range of currency exchange rate fees and charges. These Tribal-State compacts determine how much revenue the states will obtain from the Indian casinos.gambling loss irs JOHN GAMBLING LISTEN Gambling is the wagering of money or something of value on an event with an uncertain Gambling is also a major international commercial activity, with the legal gambling market totaling an estimated $ billion in In other forms Regulation · Religious · Types · Fixed-odds betting. Gaming law is the set of rules and regulations that apply to the gaming or gambling industry. Gaming law is not a branch of law in the traditional sense but rather. computer screen showing gambling chips If you've ever thought about visiting a cyber casino, here's something you should know: it's illegal to.