Either of these Acts would greatly help the problems of online gambling. There are a number of reasons why this booming industry should provoke more concern among policy makers. Online gambling promotes addiction through easy accessibility and presents great potential for criminal abuse. It is widely available to children and teens, increasing the chances that underage players will participate and become hooked. Internet gambling poses particular hazards for adult pathological gamblers and has the potential to increase greatly the number of people with gambling problems. Online gambling provides an opportunity for illegal activity, including money laundering and fraud. In addition, online gambling offers none of the potential economic benefits of casino gambling.
According to Bill Saum, director of agent and gambling activities for the National Collegiate Athletic Association, online gambling has been a growing problem on college campuses. Most dorms are wired, letting students bet in the privacy of their rooms virtual anonymity. With nothing more than a credit card, the possibility exists for any student athlete to place a wager via the internet and then attempt to influence the outcome of the contest while participating on the court or playing field. Additionally, students are surrounded with offers to sign up for credit cards from representatives on campuses and solicited with email from internet sports bookie sites. The majority of students don't even know that most states prohibit sports gambling. Gamblers put down about $300 million on sports betting online last year. In the 1995 NCAA Championship, the FBI estimated that $2.5 billion was illegally gambled, second only to the Super Bowl.
Either of these Acts would greatly help the problems of online gambling. There are a number of reasons why this booming industry should provoke more concern among policy makers. Online gambling promotes addiction through easy accessibility and presents great potential for criminal abuse. It is widely available to children and teens, increasing the chances that underage players will participate and become hooked. Internet gambling poses particular hazards for adult pathological gamblers and has the potential to increase greatly the number of people with gambling problems. Online gambling provides an opportunity for illegal activity, including money laundering and fraud. In addition, online gambling offers none of the potential economic benefits of casino gambling. According to Bill Saum, director of agent and gambling activities for the National Collegiate Athletic Association, online gambling has been a growing problem on college campuses. Most dorms are wired, letting students bet in the privacy of their rooms virtual anonymity. With nothing more than a credit card, the possibility exists for any student athlete to place a wager via the internet and then attempt to influence the outcome of the contest while participating on the court or playing field. Additionally, students are surrounded with offers to sign up for credit cards from representatives on campuses and solicited with email from internet sports bookie sites. The majority of students don't even know that most states prohibit sports gambling. Gamblers put down about $300 million on sports betting online last year. In the 1995 NCAA Championship, the FBI estimated that $2.5 billion was illegally gambled, second only to the Super Bowl.
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