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The Suite Blog >> November, 2009
Blog Entry of the Month: UIGEA Goes into Effect, But Who Really Cares?

You know when you start finding articles on the Dow Jones newswire about regulating online gambling, well then, you know people are talking. And not that everyone is going to be won over by the prospects of regulating and taxing online gambling, or just even online poker (which is the Big Daddy), but you have to admit that doing so would undoubtedly help generate billions in tax revenue. The argument against it is that all of this money going toward online gambling (it's estimated that American's spent $100 billion last year gambling online), could be going toward projects that need serious funding, such as health care. Yet, what these folks don't see is that American's are going to gambling online anyways - even with a ban in place. Heck, they've been doing it for the last four years. And even though the UIGEA is technically supposed to go into effect on December 1, 2009, the banks, which have been tasked with policing online gambling transactions, say it is a nigh impossible task. In the meantime, the Safe and Secure Internet Gambling is increasing its lobbying efforts to educate members of Congress about the feasibility and benefits of regulating online gambling, while even the Joint Committee on Taxation has declared that regulating online poker, alone, would generate over $42 billion in tax revenue over ten years. And with further media coverage by the likes of the leading financial resources like the Dow Jones newswire, you can bet the real truth about online gambling regulation is finally starting to get out.

 

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Four New Online Casinos Listed and Reviewed at OCS
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New Casino Welcome Bonus: Slots Galore Online Casino
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Players Mistrust and Online Casino Conspiracy Theories
November 5, 2009 - by Sweetie

Maybe it's because hard core brick 'n mortar gamblers can actually sit in front of a machine or that a live dealer is dishing out cards that they mistakenly believe land-based casinos offer better odds, and in some cases, that online casinos are strictly out to cheat and take advantage of players...

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The Nonsense That Pervades Online Gambling News
November 2, 2009 - by Sweetie

You wouldn't believe it but I actually just read an article trying to rationalize that the swine flu epidemic is a good thing for it will increase business at online casinos. Just when I thought it couldn't sink any lower, the mire has started raining from the sky...

Categories: Gambling

 

 
 
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