Online Gambling May Become Legal, State by State

The federal government has more or less successfully kept online gambling out of the U.S. by making it illegal for banks to process credit card payments for online gaming across state lines. Now, however, state budget shortfalls have caused some states to consider allowing online gambling, limited to residents of their state and playing on sites within the state.

Leading the way at the moment is New Jersey. A bill already passed by the state legislature is sitting on Governor Chris Christie's desk that would allow casinos in Atlantic City to set up and run online gaming for New Jersey residents.