Online gambling regulation supported by experts
By Arthur Levine, Jul 25th 2007Experts in the online gambling world overwhelmingly support internet gambling regulation. explaining that they believe that the technology used today in the industry is capable to offer a strong and reliable platform that can help combat compulsive gambling.
Based on their statements we can think further that a regulation of the online gambling can and will endow with a far higher level of safeguards than does an unregulated industry.
Congressman Barney Frank (D-MA) introduced a bill - The Internet Gambling Regulation and Enforcement Act - that will provide security for consumers by establishing a regulatory and enforcement structure to deal with compulsive and underage gambling and guarantee the integrity of online gambling financial transactions
“The internet offers a revolutionary break through its graphical and interactive structure. With this opportunity appears an informed customer with access to a range of information intended to encourage safe choices and discourage unsafe behavior.” said Keith Whyte, Executive Director of the National Council on Problem Gambling. Mr. Keith Whyte is a leading U.S. advocate for programs and services to help problem gamblers.
“It is obvious that online gambling raises some intricate issues and that is obvious. On the other hand, this is a theoretical occasion for operators to provide responsible gaming programs that meet or exceed current standards in the land based gaming industry.”
Regarding the control of compulsive gambling, today’s technology and security controls have already demonstrate to be effective. The safety measures available today embrace the capacity to control the amount of money wagered, put limits on amounts of money deposited, limit the period that somebody can play, identify and stop players whose gambling patterns seem out of the ordinary and allow for consumers to be excluded from online gambling
Others also sustaining the idea that a rigorous regulatory environment would help in dealing with compulsive gambling are the experts from Europe. “Congressman Barney Frank presented a strong, regulatory framework and I do believe this to be a feasible opportunity to protect American consumers and control compulsive gambling”
“In Europe and everywhere in the world where internet gambling is not banned, regulated online gambling and the implementation of proven safety methods can guarantee more responsible gambling operations and off-set increases in problematic gambling” said Andrew Poole, Head of Online Services for GamCare. GamCare is a charitable organization from UK committed to addressing the social impact of gambling.
"The Commission's findings shows that the customer's capability to make informed choices, to have information accessible concerning spending patterns and to have access to a free body if aggrieved, are all important actions towards lowering the risk of problem gamblers," said the Chief Executive Officer of the Alderney Gambling Control Commission, Mr. Andre Wilsenach. He is the person in charge of overseeing the regulated online gambling actions of operators based on Alderney in the Channel Islands.
The ones who oppose online gambling being regulated in U.S are using scare tactics and misstating research studies to support their ideas, claiming that internet gambling regulation will only result in higher occurrences of problem gamblers.
However, a recent research based on a sample of over 40,000 subjects is a a clearer example of the actual behavior of Internet gamblers. The study "Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behavior," held by the Harvard Medical School Division on Addictions, measured the gambling behavior of online sports bettors. It was proved that only one percent presented excessive gambling patterns.
Regularly, people did not gamble every day. Also, on average were posted modest best ranging from $2 -$3 a day. “This is a rather cheap form of entertainment” said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative.
Based on their statements we can think further that a regulation of the online gambling can and will endow with a far higher level of safeguards than does an unregulated industry.
Congressman Barney Frank (D-MA) introduced a bill - The Internet Gambling Regulation and Enforcement Act - that will provide security for consumers by establishing a regulatory and enforcement structure to deal with compulsive and underage gambling and guarantee the integrity of online gambling financial transactions
“The internet offers a revolutionary break through its graphical and interactive structure. With this opportunity appears an informed customer with access to a range of information intended to encourage safe choices and discourage unsafe behavior.” said Keith Whyte, Executive Director of the National Council on Problem Gambling. Mr. Keith Whyte is a leading U.S. advocate for programs and services to help problem gamblers.
“It is obvious that online gambling raises some intricate issues and that is obvious. On the other hand, this is a theoretical occasion for operators to provide responsible gaming programs that meet or exceed current standards in the land based gaming industry.”
Regarding the control of compulsive gambling, today’s technology and security controls have already demonstrate to be effective. The safety measures available today embrace the capacity to control the amount of money wagered, put limits on amounts of money deposited, limit the period that somebody can play, identify and stop players whose gambling patterns seem out of the ordinary and allow for consumers to be excluded from online gambling
Others also sustaining the idea that a rigorous regulatory environment would help in dealing with compulsive gambling are the experts from Europe. “Congressman Barney Frank presented a strong, regulatory framework and I do believe this to be a feasible opportunity to protect American consumers and control compulsive gambling”
“In Europe and everywhere in the world where internet gambling is not banned, regulated online gambling and the implementation of proven safety methods can guarantee more responsible gambling operations and off-set increases in problematic gambling” said Andrew Poole, Head of Online Services for GamCare. GamCare is a charitable organization from UK committed to addressing the social impact of gambling.
"The Commission's findings shows that the customer's capability to make informed choices, to have information accessible concerning spending patterns and to have access to a free body if aggrieved, are all important actions towards lowering the risk of problem gamblers," said the Chief Executive Officer of the Alderney Gambling Control Commission, Mr. Andre Wilsenach. He is the person in charge of overseeing the regulated online gambling actions of operators based on Alderney in the Channel Islands.
The ones who oppose online gambling being regulated in U.S are using scare tactics and misstating research studies to support their ideas, claiming that internet gambling regulation will only result in higher occurrences of problem gamblers.
However, a recent research based on a sample of over 40,000 subjects is a a clearer example of the actual behavior of Internet gamblers. The study "Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behavior," held by the Harvard Medical School Division on Addictions, measured the gambling behavior of online sports bettors. It was proved that only one percent presented excessive gambling patterns.
Regularly, people did not gamble every day. Also, on average were posted modest best ranging from $2 -$3 a day. “This is a rather cheap form of entertainment” said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative.
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Online gambling regulation supported by experts
