Internet gambling laws

Problems of internet gambling

 

 

Click Here to Visit Most Popular Casino!

         

                The US government should have left internet gambling alone

It has already been some time since the United States Congress has decided to pass legislation that declares Internet gambling to be illegal in the form of the SAFE Port Act of 2006. And yet, even after all this time, one still cannot help but feel the need to voice out how wrong this move is.

It has often been said that inserting the Unlawful Internet Gambling Enforcement Act of 2006, also known as UIGEA, is downright sneaky. Sadly, this assertion is true. It is also strongly indicative that the authors of the SAFE Port Act and UIGEA have not given the issue a thorough study before the bill was written and signed into law. The United States now pays the price of such carelessness.

Basically, UIGEA caused the United States to lose points on two aspects. One is economic, while the other is social. On the economic aspect, it is simply this: the Internet gambling industry is still a growing industry worldwide despite the sanctions the United States has placed upon it. The enforcement of UIGEA has made the US lose out on what could have been a dominant market share.

Rushmore Casino - best software in the industry, up to 200% bonuses on your deposits! US players are welcome!


Proponents of UIGEA have argued that the US is on the losing end of the deal, anyway. The US federal government does not benefit from the wagers and earnings made on Internet gambling; the ones that do benefit are the offshore companies that run online casino websites. But why put sanctions on these grounds?

Instead of prohibition, the more positive move that the US government could have done is to regulate online casinos transacting with American citizens. They could have required these online casinos to obtain licenses from the US federal government as well as subject them to taxation.

With regards the social aspect, it cannot be denied that in passing UIGEA, the US federal government infringes on each citizen’s right to do whatever he/she pleases with his/her money and time. Whether or not to engage in Internet gambling is a personal issue that an individual must address for him/herself.

True enough, there are risks involved in that a person may gamble away his/her life savings or the money reserved for his/her children’s college education, but that still lies in the realm of personal decision-making. The federal government does not have the right to dictate how a person may decide for him/herself. To do so is to treat the citizenry like children.

In April of 2007, US Congressman Barney Frank wrote a bill that is supposed to negate UIGEA. Instead of implementing UIGEA, the bill will see to the set up of an appropriate framework that will regulate and impose taxes on Internet gambling in the US. Congressman Frank’s rationale behind the bill is that UIGEA interferes with the personal freedom of the citizenry to do as they want with their money, including online gambling.

It is a brave and sound move, this motion made by Congressman Frank. May he succeed in his endeavor, as he should.