The Effects of the Banning Online Gambling

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The Effects of Banning Online Gambling


Summary


The USA banned online gambling to prevent negative societal impacts. However, there could be positive outcomes if it were legalized and regulated.

Article


While much is said about the negative impacts of online gambling, the drawbacks of banning it are often overlooked.

One reason for banning online casinos was to prevent underage gambling using parents’ credit cards. However, reputable online casinos typically verify users’ ages before allowing gambling. A ban only stops the legal casinos from operating, not the less reputable ones. These can exploit loopholes by using third-party accounts like PayPal or Click2Pay.

Banning popular activities like online gambling often leads people to find ways around the law. This is reminiscent of the Prohibition era with speakeasies?"hidden nightclubs that thrived despite alcohol bans. Similarly, shutting down one illegal online casino could lead to another popping up.

By regulating online gambling, the government could ensure casinos operate legally and ethically, preventing criminal activities from gaining a foothold. Regulation would also provide transparency about who runs these casinos.

Another argument for the ban is the potential rise in problem gambling from 24/7 access to casinos at home. However, there's no evidence that people not inclined to gamble in casinos would start just because they could do so online. Gambling problems have been increasing at a steady rate for over 25 years, independent of online access.

Some experts acknowledge that there are positives to banning online gambling. However, these benefits could be amplified if the industry were properly legalized rather than restricted by largely unenforceable laws.

This situation mirrors the war on drugs. Despite illegal drug use, the issue persists in the USA. In contrast, countries like the Netherlands, where soft drugs are legal, report fewer drug problems. Their approach includes using tax revenue from these sales to fund public education on drug use, resulting in lower addiction rates among locals.

Perhaps one day, the government will learn from past mistakes and seek a more balanced approach.

You can find the original non-AI version of this article here: The Effects of the Banning Online Gambling.

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