Money
Laundering
Myth: Online gambling is more susceptible to
money laundering than land-based gambling.
Fact: There is no credible evidence of money
laundering associated with online gambling. Land-based gambling
in venues such as casinos and race tracks is more susceptible
to money laundering than online gambling.
Gambling Addiction
Myth: Online gambling presents greater risks
of addiction and abusive gambling.
Fact: Scholarly and scientific evidence does
not support this claim. Online gambling can be better monitored
to avoid problem gambling than traditional forms of land-based
gambling. Traditional gambling devices, such as slot machines
in casinos or video lottery machines at race tracks, are either
as, or even more, addictive than online gambling.
Underage Gambling
Myth: Online gambling is more likely to attract
underage gambling than land-based gambling.
Fact: This is not correct. While underage gambling
has been a persistent concern at land-based casinos and lotteries,
or with underground American bookies who take bets on credit,
the same is not true with online gambling.
Existence of Online Gambling in the United States
Myth: Online gambling does not exist in the United States.
Fact: Americans can freely and openly place bets via
their computers, televisions or telephones. The United States
sanctions remote gambling on horse racing and the State of Nevada,
for instance, sanctions remote gambling within Nevada. Other
states intend to follow Nevada's lead in a new phase of gambling
expansion in the United States.
Consumer Protection
Myth: Online gambling is unfair to bettors.
Fact: This is not true. Online gambling regulations
in nations such as the United Kingdom, Ireland, Australia, and
Antigua ensure that consumers are treated fairly and the games
are completely honest.
Placing Bets Online Today
Myth: It is illegal to place a bet in the United States.
Fact: This is not true in the majority of states. There
is no federal law which criminalizes the placement of a bet by
a bettor. This holds true in the majority of states; although
there are some states which do criminalize betting.
Regulation of Online Gambling
Myth: Online gambling is not capable of being regulated.
Fact: This is not true. Online gambling is successfully
regulated in many parts of the world, so it can obviously be
regulated in the United States. The countries which permit and
regulate online gambling include: the United Kingdom, Ireland,
Australia, Antigua, and interestingly, even the United States
itself. The State of Nevada permits and regulates online sportsbooks
for Nevada residents and visitors. the State of Nevada is also
in the process of issuing regulations for other forms of remote
gambling.
Betting on Sports
Myth: Regulated sports gambling threatens the character
and integrity of sporting events.
Fact: No one has a greater interest in keeping the games
honest than legitimate bookmakers. Regulated bookmakers have
successfully worked with the sports leagues and law enforcement
officials to ensure games are fair and honest.
Federal
Government on Gambling
Myth:
The United States federal government is opposed to gambling.
Fact:
The United States federal government owns and operates casinos
at military installations in other countries. As an owner
and operator of casinos, the federal government can hardly
be said to be anti-gambling.
States
on Gambling
Myth:
The individual states are opposed to gambling.
Fact:
This is not correct. Gambling is legal in 48 of 50 states.
The individual states not only regulate and license gambling,
they also own the largest gambling operations in the world – state
lotteries. There are 41 state lotteries in the United States.
International
Trade Obligations for Gambling Services
Myth:
The United States is not obligated to allow foreign gambling
operators to access the American gambling market.
Fact:
The World Trade Organization ruled in 2005 that the United
States is in violation of its international trade commitments
by attempting to block foreign gambling operators from the
Caribbean nation of Antigua and Barbuda from offering Internet
and telephone gambling services to Americans. The United
States is therefore required to allow access to Antigua operators
and has until April 2006 to do so.
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