Online gambling sites - what the supporters and
detractors say?
Even by a conservative estimate
put forward four years back in 2003 there were
not less than 1800 online gambling sites and
their transactions in financial terms were $5
billion. With the acceleration of growth and
the patronage from ever-increasing crowd of
online player population, these figures should
have gone to a staggering level by now. With
the festive season and vacations have just gone,
the coffers of the gambling sites should have
been overflowing with money.
As for the legality or not of
these online gambling sites, the situation is
still fluid with many countries sitting on the
wall to jump this way or that. In U.S., Canada,
Australia and Germany, the governments frowned
upon the online gambling sites, mushrooming at a
great speed and put brakes on them by enacting
laws to curb the financial wing of online
casinos and clubs. The arguments on loss of tax
revenues, kids being prone to gambling online
and addictions for regular gambling folks to
lose their wealth and similar factual and
frivolous objections have not borne fruit,
judging by the way online gambling sites are
floating in enormous numbers and roaring
business they are doing of late.
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Credit card issuing institutions
of popular names and logos and some of the
online financial institutions have ostensibly
refrained from engaging in financial dealings
with online gambling sites. But nothing of
these sorts stopped the run away success of
online gambling websites and on the contrary
more and more financial institutions waiting for
the opportunity just grabbed it with both hands.
Who are the real losers?
Amazed by the size and growth
potential of online gambling sites in line with
the magnificent reach of the Internet, many
countries who are not averse to gambling offline
and legalized the same have joined the fray in
allowing online gambling sites – the latest
example being Vietnam in the Asian continent.
Some other countries like Holland follow a
numerous way of ensuring the flow of revenue
within their countries – that is insisting on
the online gambling sites to design their
content in the native language of that country.
This way people of other countries can not enter
those sites, let alone play games. But here
also a majority of gambling online sites makes
them universal and open to the world population
by offering the sites in as many as 14 languages
to select from.
From the supporters’ point of
view, online gambling sites are welcome by
millions of people owing to the comforts and
conveniences offered by them in enjoying their
games online. They feel the hurdles and spikes
put by the governments are most unwarranted and
an infringement upon their individual liberty.
There can not be a mentor behind their necks to
direct them as what to do and what not. Even
countries where human rights are given
pre-dominant importance poke their nose
unnecessarily into this basic human right of
selecting one’s recreation without hindrance to
any others. They argue vehemently that it is
their hard-earned money that they are betting
with and none can interfere with that for
whatever reason. So far as this popular point
is well answered by the vested interests, they
can never curtail the flourishing of online
gambling sites now or in future.