Online gambling provides an opportunity for money launderers and criminals to launder money. By channeling illegally acquired money through a gaming platform, these people have the opportunity to hide the origin of illegal money. Ban all online and television advertisements related to anything related to the gaming industry. I think the game is out of control and that operators don't follow the letter of the law when it comes to how they implement their advertising policies.
And you can't succeed in life through gambling. It just shows you the shortcuts of life. Gambling firms must comply with the law and pay taxes. In fact, it's addictive and a disease.
You can't succeed in life by gambling. It has really corrupted our young people. Life isn't just about money and quick fixes. An illegal online casino is one that accepts players from almost anywhere in the world, despite violating local laws.
For example, it is illegal to play at an online casino for real money in New York State, but offshore gambling sites offer the option anyway. And governments can prevent their banks from managing payments to foreign gambling companies, disrupting their businesses. The more people gamble, the more they want to bet, so they get hooked on the game, which can ruin their lives. Online gambling undermines all of this, as they can be located anywhere in the world, but they can compete and undermine organized domestic betting operations.
Even problem players in recovery may not be able to undo the damage done to their finances and relationships, particularly their marriages. And companies can establish themselves in any country where online gambling is allowed and offer a service to Internet users around the world. It is very difficult to know the identity of an online player; there have been several cases of people (including children) using stolen credit cards to play online. Addiction is very harmful to families, as players spend as much money as they can on the game.
More than 70 million Americans play each year and nearly 90 percent self-reported that they had played once in their lifetime. In each case, there is a real asset that is likely to hold its value over the long term, which is not the case with gambling. The 24/7 ease of access, the speed of the game, the lack of clear money markers, the lonely nature of the game, and the ability to play several games at once make online gambling inherently more dangerous than other forms of gambling. Because online casinos are available whether they are legal or not, there is no good argument for not regulating them in the United States.
Betting on horse racing or games involves knowledge and experience that can improve your chances of success. When you visit a land-based casino, it's much easier to set limits than to have access to an online casino. It is better to legalize and regulate online gambling than to take players to poorly regulated foreign operators.
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