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Why Online Gambling Should be Legalized. Josh Laucius Section 6. Josh Laucius Section 6. What is Online Gambling. Online Gambling consists of many things; from gambling on sporting events, playing poker, slot games, blackjack, roulette, and many other table games.
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Why OnlineGambling Should be Legalized Josh Laucius Section 6 Josh Laucius Section 6
What is Online Gambling • Online Gambling consists of many things; from gambling on sporting events, playing poker, slot games, blackjack, roulette, and many other table games.
Why Online Gambling is Currently Illegal? • Wire Act of 1961 • 2006 law
Benefits of Legalizing Online Gambling • Revenue from gambling sites being taxed going to the government • Numbers show over 10 years it could generate 42 Billion • The government would also be able to tax the winnings made by customers online. • Would make gambling safer and cut down on illegal gambling that fuels crime.
Rise in Demand of Gambling Throughout America - Pennsylvania and Delaware are considering adding table games to the casinos they currently - Colorado expanded casino hours, raised max bets, and promitted roulette - Missouri eliminated a river boat law that limited gambling losses to only 500 dollars.-
Cases of Online Gambling being Prosecuted • In June 2009, the U.S. Department of Justice seized over $34 million belonging to over 27,000 accounts to people who live in New York. • Then President Bush told all banks to not pay out or accept winnings from gambling sites. This has since been found tough to monitor.
Work Citied • Chan, Sewell. "Congress Is Rethinking Its Ban on Online Gambling." New York Times. New York Times, 12 Nov. 2010. Web. 12 Nov. 2010. <http://www.nytimes.com/2010/07/29/us/politics/29gamble.html>. • Cohen, By Gabe. "The Badger Herald: Opinion: Online Gambling Should Be Legalized." The Badger Herald — The University of Wisconsin-Madison's Premier Independent Student Newspaper. 12 Nov. 2010. Web. 12 Nov. 2010. <http://www.badgerherald.com/oped/2005/03/11/online_gambling_shou.php>. • "Internet Gambling Addiction Growing - UPI.com." Latest News, Latest News Headlines, News Articles, News Video, News Photos - UPI.com. 13 Nov. 2010. Web. 13 Nov. 2010. <http://www.upi.com/Top_News/US/2010/10/20/Internet-gambling-addiction-growing/UPI-39901287592875/>. • Rodefer, Jeffrey. "Wire Act Wire Wager Act United States Gambling Laws." Gambling Law US - State Gambling Laws United States. 12 Nov. 2010. Web. 12 Nov. 2010. <http://www.gambling-law-us.com/Federal-Laws/wire-act.htm>.