After receiving bullets in its direction, the gambling industry has finally responded to the many allegations made against it. There are several reasons why online gambling should be made legal in the United States, and it is certain that the last word has not been said on the subject. The flow of technology is moving far too quickly for there to be any check.
Because the United States has banned Internet gambling, offshore operators that run legitimate, publicly traded UK companies were forced out of the market. The market, in its current state, is still completely open, only now it is open to corrupt casinos, which do not care about following the laws of the United States, who with no conscience accept bets from underage gamblers. The reality, and the truth is, that underage citizens in the United States are now more vulnerable to gambling online than ever before. It is doubtful whether the Act has achieved its original targets if this is the present state of things.
The UK, actually the entire European Union, Costa Rica, Curacao and Barbuda, Canada, Mexico, and Japan have put sanctions on the United States over the Internet gambling issue because the US lost a World Trade Organization case on the subject. The WTO ruled that the new law that stops banks from transferring funds to and from illegal Internet gambling operators on the basis of moral grounds is not acceptable because it also has loopholes in it that allows United States run casinos, horse racing betting, and lotteries to be run in the US. This is called Protectionism and is illegal under WTO rules.
Regulation, not restriction, would allow for the United States to create methods of protecting underage gamblers from having the ability to gamble online. Regulation, not restriction, would allow methods to be put into place to make it impossible for known problem gamblers to play online.
All these problems and more continue to be raised in connection with online gambling. Again and again, history has shown us that regulation, not gambling is the only way to go when seeking to find an end to a so-called corrupting influence. In the early part of the century, the United States passed the Prohibition, which caused the biggest crime wave the country has ever seen, and the same will occur in time, only this time in its online version.
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