- Online Gambling Should Be Banned Debates
- Online Gaming Should Be Banned Debate
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- Online Gambling Should Be Banned Debate Arguments
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Introduction
The House Financial Services Committee approved a bill on Wednesday that would lift the ban on Internet gambling by authorizing the Treasury Department to license and regulate Web-based nonsports betting operators. A companion measure pending before the House Ways and Means Committee would let the Internal Revenue Service tax winnings from online wagers.
While the legislation is a long way from becoming law, the prospect of taxing the winnings that have been estimated at $42 billion over 10 years would be a huge source of revenue for the government. Should Internet gambling be legalized?
Online Gambling Should Be Banned Debates
Read the Discussion »Debaters
Gambling should be banned as it slowly becomes as addiction and people most of the time tends to lose money. Such a malpractice is not acceptable under legal cover. The creaters of law need to be vigilant enough to check the sect of people who get into offline and online gambling. The debate continues to rage over whether or not gambling should be a legal way for adults to entertain themselves. Gambling can take many forms, ranging from traditional and online casino play and poker tournaments to playing bingo and betting on the ponies.
A Historical Tradition
Raymond Sauer, professor of economics
Too Many Negative Side Effects
Earl L. Grinols, professor of economics
Bans Don’t Work
Michelle Minton, Competitive Enterprise Institute
Keep the Ban
John Kindt, professor of business and legal policy
Personal Freedom
Annie Duke, professional poker player
A Predatory Business
Les Bernal, Stop Predatory Gambling
Leveling the Playing Field
Robert Hahn, regulation2point0.org
Why Add More Options?
Larry Ashley, addiction specialist
Recent Discussions
The debate continues to rage over whether or not gambling should be a legal way for adults to entertain themselves. Gambling can take many forms, ranging from traditional and online casino play and poker tournaments to playing bingo and betting on the ponies. Regardless of your personal definition of gambling, read on to learn the pros and cons of legalized gambling. Positive Aspects of Legalized Gambling: Online Gaming Should Be Banned Debate
- Economic Stimulation : The economy can always use a boost, and legalized gambling could provide that. Offering places to gamble also increases tourism, as indicated by the number of annual visitors to Las Vegas and other gambling havens. Generating billions of dollars and tens of thousands of jobs worldwide, legal gambling is an exciting way to stimulate the troubled global economy.
- Legal Behaviors : When a population is told that they aren’t allowed to gamble, it’s the first thing that they want to do. Studies of human behavior indicate that people always want what they can’t have, and gambling is no different. It stands to reason that increasing the number of people who are allowed to gamble legally will reduce illegal gaming behaviors.
- Family Revenue : Those who are lucky enough to have a successful professional gambler in their household can attest to the realities of a society that embraces gambling as a legal choice. In a time of economic uncertainty, many families are learning to rely on non-traditional means of support; legalized gambling would make it easier for a professional online poker player to support those that he loves the most.
- Entertainment : Finally, a benefit of legalized gambling is to provide a safe, exciting way to relieve stress. The online gambler who knows that his activities are legal will be far more likely to be less stressed than those who have to ponder the murky legal status of their gaming. Furthermore, legalized gambling as a stress reducer could create an environment where players are happier and more productive in their personal and professional lives.
- Financial Concerns : The act of wagering on the outcome of any given game is a risky one, and the gambler may be spending funds that could be better used elsewhere. Ideally, gamblers will only bet what they can afford to lose, but this often isn’t the case. Instead, those who like to wager often try to compensate for a big loss by betting more and losing again.
- Addiction : Winning a large amount of cash on a wager can be intoxicating; like alcohol and other drugs, the feeling of winning can become addictive. Some gambling addicts firmly believe that they wouldn’t have lost their homes, cars, and families if gambling had been illegal. It’s important to remember to balance this information with personal experience; if you know you’re a responsible gamer, you have nothing to worry about.
- Crime Rates : Cities that have legalized gambling tend to also experience an increase in crime rates. Some argue that increased crime is a result of people losing too much money, but others feel that the large amounts of cash associated with gambling lead to an increase in illegal activity. In order to successfully legalize gambling, officials should consider an increased law enforcement presence.
- Small Businesses Suffer : There is some indication that those communities with legal gambling see a loss in the amount of revenue garnered by small businesses. In addition to providing exciting recreation opportunities, casinos and other gambling establishments tend to support restaurants, bars, and other businesses. When casino visitors come to gamble, they stay for dinner; over time, this tendency can decrease the amount of customers that smaller businesses serve.