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."
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