A Bit of Hypocrisy
The Kentucky online casino gambling issue is really becoming old news, and fast.
The entire situation is a bit ridiculous and the fact that the case passed
through the initial courts in the first place is shocking – now the industry
just has to hope that the appeals court addresses the issue a bit more
appropriately. One of the major concerns though surrounding the entire issue is
the fact that the Kentucky government, much like the US government actually, is
looking to throw money in the wrong direction. The Kentucky government is
looking to wage war on the online casinos operating in the state yet the
government is giving precious little money and few resources to the issue of
problem gambling.
That is a bit hypocritical of the state – the government is looking to
effectively ban all online casinos from the Kentucky market, but the
government’s reasons are virtuous, they are profit motivated at best. The
Kentucky land gambling and betting market is extremely lucrative for the
government and the online casinos take some of that revenue from the state
coffers. So, assuming that the internet gambling domain name seizure continues,
it begs the question, just what is the state using of that gained revenue to
help problem gamblers? A measly $250,000.
That amount of money for a state like Kentucky is a bit of a joke really.
Addiction to gambling (whether the online casinos or betting) is very high in
the state because of the huge horserace betting culture. But with all of the
revenue coming in, and the increase in revenue that is likely to occur if all of
the internet casinos do leave the state, the government has not announced any
plans to funnel additional funds into problem gambling research and support
organizations. |