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Online Casino Gambling --- Casino News

Lack of Strength

The House Financial Services Committee has finally taken a firm step forward in the US online casino gambling debate by holding a full 90 minute hearing on the topic that included arguments from both sides of the debate and a lot of related and important speakers representing industries that are strong affected by the current US gambling ban. United States Representative Spencer Bachus was one of the key speakers at the hearing for the opposition – as if that is any surprise. Bachus has made is lack of support for online casinos very clear over the past several years so it came as a bit of a shock that he presented his debate points so weakly.

This hearing was the first introduction to the issues and debate surrounding online casinos and a chance for each side to present their very best arguments; to say that Bachus’ points were uninspiring would be an understatement. Basically all of the claims that the opposition, and Bachus in particular, are making are not best served by the current prohibition. The ban hasn’t worked and US citizens are currently gambling in a dangerous and unregulated online casino market. Protecting the youth of America is better served by tight regulatory controls, rather the black market industry and regulatory black hole created by the UIGEA.

The new claims and statistics that Bachus is making against the online casino gambling industry could almost be laughable if they weren’t so serious. Bachus has gone so far as to claim that one quarter of teens that have illegally accessed gambling have then attempted suicide – a bold statement that has absolutely no credible data to back it up. Let me ask just one question: what was he thinking?