Online Gambling Is Unstoppable!
Published: Friday, July 08, 2005 Online-Casinos.com
ONLINE CASINO GAMBLING - UNSTOPPABLE!
US legislators should regulate rather than try to stop the unstoppable
The international news network CNN carried a substantial article on gambling
generally this week, but what caught our eye was some final comments on the
online gaming phenomenon.
The piece quoted American Gaming Association statistics on Internet gambling
as more than 2000 Web sites in an industry that has grown from zero in 1995
to a more than $6 billion industry today, with anticipated further growth to
$16 billion by 2009.
"Internet gambling has become a substantial phenomenon in the gaming industry
space," said Las Vegas attorney Anthony Cabot, a specialist in gaming law.
Online gambling sites, he said, "show the power of the Internet to both
create and carry a gaming trend."
But, CNN observes, the laws on this form of gambling in the United States are
still somewhat murky.
"Internet gambling on horse racing is legal; sports wagering on the Internet
is probably illegal; and the rest of it: There's no federal law that addresses
it," said Cabot.
Cabot said even if there is state or federal legislation aimed at restricting
or controlling online wagering, it will continue to grow.
"There are always going to be workarounds," he said. "Legislators
will have a hard time ever stopping online gaming. In fact, it will probably
be impossible to stop online gaming."
