The Benefits of Legalising Gambling Online
Is the USA legalising gambling for the state or the
America is usually steam years head of the rest of the world
when it comes to new ventures and community
entrepreneurship. However to date only 3 states, Delaware,
Nevada and New Jersey are licensed for online poker. Why is
it such a big deal? I hear you ask. Well, legislation means
the government can cash in on your hard earned wins and also
in turn your rights as a consumer are protected. States like
California are voting for a bill to be passes allowing legal
poker on permitted sites that abide by the law. It could
earn the government an estimated $60 million in tax revenue
and licensing fees.
Playing legal is
the next big thing, with more and more states wanting to
cash in on the gambling bug. So what are the pros and cons
for the consumer not just the government?
1. Relaxation in laws will mean that
consumers (players) will be cushioned in the knowledge they
are in a protected and safe environment.
2. Any money obtained via the government from licensing etc.
will be used to set up support groups for addictions
3. It will be easier for players to join games and play in
4. There potentially be more players in the market as those
who may not have played before take part
5. There would be mechanisms for complaints and disputes
meaning consumers money and rights are protected
1. You will be required to pay tax on your winnings
2. Research has shown cities that legalise gambling have an
increase in crime. Some suggest this is due to addiction,
gamblers losing money or simply the feeling of freedom to
enjoy illegal activities. In turn those cityís need increase
3. The state benefits if you win or lose.
The proís of legislation are equally outnumbered by the cons
it seems. However, it is proven that the more we deny human
beings the chance to partake in something by making it
illegal the more we want to do it. If we cannot stop
gambling on and offline then we can harness it and make it
fairer for both the state and the consumer so both can enjoy
the rewards of such a fun activity
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