Why It Doesn't Work
The United States has lead the way in highly restrictive online casino gambling
regulations, and not in a good way. It would be great perhaps if the US had
found a positive way to effective exercise tight control over the internet
gambling industry and thoroughly protect the US market from black market and
unscrupulous companies. The only problem is that blocking the online casinos is
a lost cause according to many internet gambling experts and analysts. The
internet is perhaps the most pervasive medium on earth – it has even given a
voice to the censored people of China, and there are many parts of the internet
that are just too big to effectively control without actually really restricting
important Western civil liberties.
Many nations are now looking to block and ban online casinos from accessing
their markets or in many European Union countries the governments are hoping
that tight regulations will solidify a state monopoly. But all of these
restrictive measures have proven much less safe for the gamblers themselves than
the UK’s more liberal approach – regulation. The UK has a set of very detailed
and tight regulations for the online casinos but the regulations govern how the
internet gambling companies should interact in the market and guidelines for the
gaming sites.
The countries that are now trying to really stop the online casinos from
accessing their markets are finding that the medium is too pervasive for that
kind of control. There is certainly a level of company that is willing to exit
the market gracefully at the government’s request, but those are precisely the
companies that are safest and operate with the most scruples. |