Online Gambling – the Hens or the Fox?

10:00 pm Gambling Law, My POV
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LAS VEGAS — There is a call for MORE Federal Regulation over Gambling on the Internet. It’s been a year since “Black Friday” when the FBI shut down “Full Tilt Poker”, “PokerStars” and “Absolute Poker”.

Now I’m not saying that was a bad thing. Several execs and celebs were charged with serious felonies. So – Good!… Good Riddance… GoodBye Bad Guys. But, that left the US players with serious holes in their gambling time (and bankrolls).

What’s left for a Poker Player to do? We can still play online for play money (at PokerStars.net for example), or break the law.

That’s not a good choice for the serious players.

It’s the American Gaming Association that has jumped up to call for MORE regulation on this first anniversary… They’re asking Congress to “modernize and strengthen” the Wire Act of 1961 in order to eliminate illegal, offshore gambling sites that are still operating.  They’ve succeeded in getting the major sites “blacked out” to American players.

The Association wants tighter regulation so that “if” or “when” online gambling opens up to players in the US, they will “be able to gamble online securely in states that eventually choose to legalize the practice”.

What would you expect them to say? We don’t want US players to spend their money anywhere but in our casinos!… hmmmmmm.

Where are they? Las Vegas! Hmmmm something doesn’t smell right… Now, if I were in Las Vegas, AND a casino owner, and a member of the American Gaming Association… what would I do? What would you do?

Is this a case of the Fox guarding the HenHouse?

Who stands to lose if Online Gambling opens up? Big Money says it won’t. I mean BIG money. Those “Haves” pour Millions into their efforts… what can the player do?

Hang on, fasten your seat belt, it’s going to be a bumpy ride!

 

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4 Responses

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  3. Deshawn Larson Says:

    A big thank you for your blog article.

  4. martin jol Says:

    i think it will be depend on how you win the game, if u win almost every game, it should be a han, but if u lose too much, its a fox.

    for me i still love offline gambling, it’s a vacation too.

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