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 industry will pull in $1.5 billion in world-wide revenues this year. That figure is expected to hit at least $6 billion by 2006. Also, a survey conducted by the Pew Internet and American Life Project concluded that $4.5 million Americans have gambled online and that 1 million gamble online everyday. Online gambling should be made completely illegal or should be controlled in some manner.There are many different issues dealing with the legalization of online gambling. The current law dealing with online gambling is the Wire Transfer Act of 1961. Under this statute, the law is violated when telephone lines are used in interstate or foreign commerce to place wagers. The statute also bars the transmission of information that assists betters to gamble on sports events and contests. Recently, Congress have been active in seeking to pass further legislation to restrict betting on the web. Last November, the Senate proposed the Internet Gambling Prohibition Act. This statute would make it a crime to knowingly use the internet or other interactive computer services to place, receive, or otherwise make a bet or wager; or send, receive, or invite information assisting in the placing of a bet or wager. Penalties would be as high as $20,000 and 4 years in prison. However, in a vote in July, the bill narrowly missed obtaining the two thirds majority required to pass the bill. In May, the Unlawful Internet Gambling Funding Prohibition Act was introduced. This statute would criminalize and prohibit any person engaged in a gambling business from knowingly accepting from another person who is involved in internet gambling a credit card or extension of credits, an electronic transfer of funds, or any instrument payable through a financial institution. This would shield certain financial institutions from liability as long as they do not know that their facilities are being used for online gambling. This bill has also not yet been passed.Either of these Acts would greatly help the problems of online gambling. There are a number of reasons why this booming industry...

Find Another Essay On Technology - Internet Gambling, Online Gambling

The Dangers of Online Gambling Essay

1731 words - 7 pages that people may be doing is gambling their money away online, which seems to be worse than regular gambling. Internet gambling has affected kids, college kids, and adults around the world, and they may not know what it leads to or what the benefits could be, but there are ways to help people who may gamble on the internet. Internet gambling websites should be illegal, because just about anybody with a credit card can do it and it causes problems

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

On Gambling

683 words - 3 pages casinos, found more than 90 percent of the state's teens gambled at least once that year. Youth who try gambling also tend to be involved in other risky behaviours such as illegal drug/alcohol use, having unprotected sex, and carrying weapons. The dangers associated with such risky behaviour, make it aware of gambling activities. At least 140 Web- sites now offer some form of gambling to online users, which is an expansion

The Case Against Legalized Gambling

1304 words - 5 pages , Champagen, Illinois "The Case Against Legalized Gambling." National Coalition Against Legalized Gambling. Washington, D.C., ncalg@ncalg.org. "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. http://www.atm.ch.cam.ac.uk/tour/part1.html.

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 situations in his personal life induce the problem; this is comparable to how several people turn to such things as food to deal with problems such as depression. The unfortunate many turn to gambling as a way to cope with their underlying problems.Contrary to my prior thought, there is a biological explanation to gambling. Searching Wikipedia, an online encyclopedia, I was able to find a brief description of what goes on inside the brain when

Online Casinos

1062 words - 4 pages sports gambling. Gambling is an addictive distraction for many college students and directs their attention from their main priorities, their studies. Additionally, students are surrounded with offers to sign up for credit cards from representatives on campuses and solicited with emails from internet sports bookie sites. Because of the many problems and criminal activities involving online gambling, laws have been proposed and debated in

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

Is Teenage Gambling a Problem in Canada?

1354 words - 6 pages , or is found to be an organizer of illegal gaming activities. The online version of this is also illegal ("Just the Facts - Royal Canadian Mounted Police", 2013). Thus, exposing teenagers to gambling can cause them to do illegal activities and ruin their lives in the long run. Correspondingly, lying is one of the symptoms of compulsive gamblers. Some of the common lies that are told by compulsive gamblers include the following: “ I don’t have a

Gambling in Indiana

1885 words - 8 pages turning to online gaming. The Unlawful Internet Gambling Enforcement Act was passed in 2006 by the federal government to try to restrict online gambling. Even so, the gambling industry online continues to steadily grow (Walker, 2013). In order for Indiana casinos to remain competitive against these other forms of gambling, they must be allowed to expand in other land based areas where river boats are not an option. Sometimes the thought of a

Internet Use Disorder

2262 words - 9 pages Surfing, Internet Gambling, Celebrity Gossip, Websites/Blogs, Social Networks/Dating Sites, Porn, and Online Gaming. IUD is heavily linked to depression, a study shows that 1.2% of people surveyed were addicts of the Internet, a majority suffered from depression this was, Leeds University team stressed that they could not say one caused the other. "What is clear, is that for a small subset of people, excessive use of the Internet could be a warning

Similar Essays

Internet Gambling Essay

2597 words - 10 pages gambling would be to legalize and regulate the industry. Online gambling companies could be licensed and regulated by the government. Other countries have recognized this new technology and look forward to a potential gain in economic growth by providing a "safe-haven" for entrepreneurs interested in starting an Internet gambling business. Whether or not online gambling is good for our society is irrelevant if it cannot be prevented. Regardless of

Internet Gambling Essay

1415 words - 6 pages is still debated and that is to force the Internet service providers (ISP’s) to block access to gambling sites (1). If the government finds a way to stop online betting there will be a way around it with the technology we have there is always a Lupe hole, so the safe bet is that online gambling will go on (2).       The on going battle between Internet gambling will probably never stop. Some people believe that gambling is a natural need, and

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

World Of Online Gambling Essay

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