I'm an engineer that works for a large gaming company in the gambling industry.
Enkidu Warrior said:
All gambling is inherently wrong because it's just a not-so-elaborate scam to fool people into thinking they're enjoying themselves while they throw all their money away. Online gambling sidesteps regulation, and is therefore the subject of greater ire.
That's fine if that's how you feel. And if society want's to support a prohibition on all gambling, go for it!
But the fact is that this particular law does not ban all gambling and it's not meant to be a 'good start'. It's aimed at banning some types of
online gambling so that other types of online gambling can be profitable. The senators backing this law are funded heavily by those online operators which the law specifically allows to exist. In other words, it's an attempt at a big money grab.
garric said:
Last time I checked it is. People arn't even allowed to BET on Sports. The only places that casinos are allowed to be built are in Las Vegas and on sacred Native American lands.
This is completely wrong. Gambling is a state-by-state issue. The feds only involve themselves in regulation, not prohibition or allowance. And even in their regulation duties, they are very hands off, usually only going in when some things might have gotten out of control.
It's also obvious you haven't 'checked' anything at all. My company does big business in atleast twenty states, most notably Nevada, California, Mississippi, Louisiana, New Jersey, Oklahoma, New Mexico and Iowa. Each of these states have their own laws regarding how we do business in their state or on their tribal land.
garric said:
The United States has specific laws that say where they can or can not build casinos; why should online casinos be allowed to operate anywhere?
No the Federal government does not have any such laws, except regarding federally owned/managed land. Those powers not specifically given to the Federal government can be assumed by the states. And the states decide if and where a casino can be built in their state. These is true for tribal land within state boundaries as well. This is also true for all types of gambling, not just casinos. However the internet is an entirely different creature which crosses all borders. Nobody is really sure how to deal with this right now.
My own opinion on this: The bill will fail. It's ridiculous anyway. Allowing gambling almost always promotes more gambling all around. If you are running any business, no matter what the industry, and you have to rely on government prohibition of fair competition to stay in business, then you should really take a hard look at your business model. Chances are, you aren't going to succeed no matter what you do. There should be even more warning flags going up if you have to buy senators and congressman to even get your prohibition laws on the floor. Not good.
EDIT: Looks like I stuck my foot in my mouth a bit. This garbage 'law' actually passed the House of Congress by a huge margin! They just might be able to end online gambling as we know it. Perhaps the days of illegal gambling are nigh upon us.