Gambling Bill Unlikely to Protect Problem and Underage Gamblers
From gamblers to legal analysts, the lightning-speed bill's flaws and inequalities are being scrutinized by anyone and everyone with an interest in the future of online gaming in the U.S. The bill bans online casino games, poker and sports betting. State lotteries and horse racing, however, will not be affected by the ban.
According to Reason magazine's Senior Editor Radley Balko, despite all of the dismal warnings from supporters of the ban concerning fraud, problem gambling and underage players, the bill is destined to make these problems far worse. Balko goes on to point out that many of the major gambling sites are publicly traded, and/or incorporated in countries like Canada and the UK where they're taxed and regulated, only not by the American government.
Many of the leading gambling Websites have announced they will not be doing business with US residents, at least for the time being. The general consensus among industry insiders is that the Act, which is designed to restrict financial channels utilized by U.S.-based clients, will affect the millions of Americans playing poker and casino games over the Internet recreationally instead of the problem gamblers and minors who will still manage to find places to place their bets online.
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