Internet Gambling. Essay

2597 words - 10 pages

Not only has the Internet brought gambling into the home, it has made it anonymous and readily available to virtually anyone at any time and at any place. As a result, the popularity of Internet gambling has skyrocketed over the past few years. Since the first virtual online casino started up in 1995, the industry has grown to over 450 gambling websites. In 1997, Internet gambling produced at least $200 million in business. Conservative estimates conclude that online gambling will bring in at least $3 billion of annual revenue by 2003. Gambling over the Internet can be performed in most traditional manners. "Virtual" casinos and sports books, however, continue to lead the online gambling industry.A typical on-line gambling experience is as quick and easy as turning on your computer and going to your favourite gambling Web site. Gamblers first click on a link that takes them to an "account-opening" page where they can access their account and/or deposit more money. Once the account is opened, funds can be deposited by using a credit card, certified check, money order, or through a wire transfer. When the account has funds, gamblers are ready to play. If they win, the amount of the bet will automatically be credited in their account. If, however, they lose, the loss will be deducted from their account.While Internet gambling popularity continues to grow, so do the concerns surrounding the business. Questions concerning the legality, potential dangers and moral issues have made this industry a controversial topic. In this paper I will first briefly examine the social/political concerns about online gambling. I will then discuss the two main legal approaches that Canada could take in dealing with online gambling and the issues involved in these approaches.Social/Political ConcernsAs Internet gambling rises in popularity, concern over its potential effects have grown as well. While traditional forms of gambling have been subject to much criticism, online gambling has raised its own specific concerns. Four of these are fraud, gambling by minors, increased addiction, lost state revenue.Fraud:The inherent nature of online gambling leads to questions of how gambling on the Web can be properly investigated to prevent the potential for fraud. Without regulation, online gamblers have no way of being sure whether the games are operated fairly. "There's just no way to tell if virtual dice, roulette or cards are rolled, spun or dealt randomly...or whether they're responding to a cheat customers."Other opportunities for fraud on gambling sites include abuse of credit card information and failing to pay out any winnings the bettor may accumulate. A typical online casino requires the user to submit credit card information before participating in any of the games. Once this information is transferred it is in the hands of the online company and subject to potential abuse. Furthermore, the payment of winnings has been subject to fraud in the past. When...

Find Another Essay On Internet Gambling.

The Dangers of Online Gambling Essay

1731 words - 7 pages The internet today has billions and billions of web sites, and some of those websites are the ones that if someone accesses it, then it will be a matter of life and death for them. It seemed bad enough to have gambling on the streets or in casinos, but ever since the internet was invented, gambling has just been getting worse and worse. People today just love getting on the internet and communicating with friends or family, but one of the things

Gambling in America Essay

1133 words - 5 pages Today in America, Gambling can be a matter of life and death; not just to adults, but to their kids as well. Gambling has been growing since day one and it is still going strong today; and not just through casinos but on the internet as well. People usually turn to gambling because they think it is their one way ticket to being rich or earning some extra cash for themselves, but in reality it could be their one way ticket to the bottom. It may


1628 words - 7 pages the last year. Men, young people, people living in the city, those with the same college education, and those who Bet on sports, at casinos, and at racetracks was most likely have placed a sports bet in the last year. (Siegel 96)Gambling in the FutureThe gambling industry is studying how to develop ways to allow Americans to wager using the Internet or cable television. Currently, it is illegal to gamble on the Internet because it violates the

The effects of Gambling and what it can do to your life

1628 words - 7 pages , people living in the city, those with the same college education, and those whoBet on sports, at casinos, and at racetracks was most likely have placed a sports bet in the last year. (Siegel 96)Gambling in the FutureThe gambling industry is studying how to develop ways to allow Americans to wager using the Internet or cable television. Currently, it is illegal to gamble on the Internet because it violates the Interstate Wire Act.(Goddu B5)Arguments

The Case Against Legalized Gambling

1304 words - 5 pages , Champagen, Illinois "The Case Against Legalized Gambling." National Coalition Against Legalized Gambling. Washington, D.C., "Task force on gambling addiction in Maryland." Maryland Department of Health and Mental Hygiene alcohol and drug Administration, 2013. Valente, Judith. "An interview with Art Schlichter." People Weekly 15 Jan. 2012: v45 n2 p81 The Ozone Hole Tour: Part I. The History of the Ozone Hole. June 2013. Online. Internet. Nov. 30 2014.

The Social Costs of Gambling - Math - Essay

1483 words - 6 pages spent on college campuses on gambling than on alcohol. (12). Gambling is the fastest growing teen addiction, with the rate of pathological gambling twice that of adults (4% to 8% for adolescents compared to 1% to 3% for adults.) There is a dangerous link between video games and internet gambling with 24% of male students in grade 10 and 11 visiting gambling internet sites within 12 months, in one study. (11-Ex. Summary p. 334) Young people today are

Legalization of Gambling in Ohio

2020 words - 8 pages gambling laws of the state they occupy? (Kolasky 2). ?One-third of the country?s 557 federally recognized tribes offer some form of gaming? (Berns 2). More forms of gambling include charitable gambling-serves as a fund-raiser for nonprofit organizations, Riverboat gambling-the casino-style gambling on a boat in the water, Sports betting-the wagering of money on the outcome of sports games, Internet gambling-gambling over the Internet, and

Is gambling a true addiction? An exploratory essay

1244 words - 5 pages "Is gambling as addictive as drugs?"I caught initial interest in researching gambling addiction after watching a documentary on casinos one afternoon. I began to wonder how much money they must be making with such a business with endless customers. When it comes to the issue of gambling addiction, it is possibly comparable to what tobacco companies do, feed off addiction till there is nothing left to take.Gambling comes in many forms; from the

Online Casinos

1062 words - 4 pages for criminal abuse. Internet scammers lurking about for people's financial information have ways to lure unsuspecting victims. They go "phishing." Phishing is a high-tech scam criminals use to deceive consumers into disclosing their credit card numbers, bank account information, Social Security numbers, passwords, and other sensitive information. Criminals can send emails or create fraudulent gambling websites. They tell recipients that they need

What Is Gambling? Give Definitions And Examples

722 words - 3 pages much advertising encouraging gambling and we live in an information society this in conjunction with the internet and online gambling has made it difficult for a problem gambler to ignore.Types and Methods:There are many methods or avenues and types of gambling. Governments even take advantage of society's need to gamble, in South Australia there is the SA Lotteries, money gained from gambler's losses is used for hospitals and other uses. The

world of online gambling

1506 words - 7 pages consumers use the Internet is online gambling. This cause makes people jump to conclusion and make negative comments that online gambling brings more harm than good. Although some opponents argue that online gambling may lead to addiction, it should not be banned because it helps in the development of the economy of a nation, it saves cost and time as well as it is a convenient and hazard-free way to gamble. Online gambling as thought by

Similar Essays

Internet Gambling Essay

2900 words - 12 pages Internet Gambling Being awaken every morning at 7:00 am by creditors wanting their money may be one of the most depressing experiences. If the U.S. congress passes the bill allowing all forms of online gambling, many more people may experience creditor harassment. “Gambling is like a drug, just one hit and the addiction starts” (Perkinson). Over the past decade State governments have been fighting hard to raise the gambling age to twenty

Internet Gambling Essay

1415 words - 6 pages Internet Gambling      Why is gambling such a problem on the Internet? There are plenty of reasons and you are going to hear all of them throughout this research paper. There are three main types of Internet gambling. There is the sports book, there are casinos and the lotto, and last but not least there is horseracing. Throughout this paper I will explain the Laws against online gambling. Why people can get around the laws, and the style

Technology Internet Gambling, Online Gambling

815 words - 3 pages Online GamblingThere is a major issue to be dealt with, which is spreading with little regulatory oversight and no effective screens against participation by the young and the vulnerable. Internet gambling represents one of the fastest growing segments of online activity with more than seven hundred web sites now providing users the opportunity to wager everything from casino games to sporting events. According to internet research firms, the

On Gambling Essay

683 words - 3 pages in recent years that has alarmed opponents and put increased focus on the laws of Internet gambling. "If my life was a tree, one branch would be that I'm a thief, another branch is that I'm a liar, another being that I'm no longer in school, and another being that I no longer have my parents trust and respect, and I'm not permitted to live in their home. But if you cut off each of the branches you still haven't