Let’s Get Real, Outlawing Internet Gambling Was Failure

11 September 2010 Internet, IT & e-Discovery Blog Blog
Authors: Peter Vogel

My recent Technology Law column in eCommerce Times describes why the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) has merely driven Internet Gambling off-shore and as result the US is losing billions of dollars of tax revenue. Generally the UIGEA resulted from four major policy concerns of the federal government:

First, the Internet was too easy a venue for compulsive gamblers.

Second, the age of Internet gamblers could not easily be determined, and underage gambling could not be controlled as with a brick-and-mortar casino.

Third, a lack of regulation of Internet gambling made it easy to defraud gamblers and rig the odds.

Fourth, the anonymity of the Internet made online gambling a medium for potential money laundering.

Since the US economy is doing so poorly Congress is considering legislation to regulate Internet Gambling which would result in an estimated $42 billion in tax revenues over the next ten years. Outlawing Internet Gambling failed much like Prohibition did in the 1920s. It’s high time Congress rescinded UIGEA, to help the economy and regulate Internet Gambling which clearly we cannot stop.

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Authors

Related Services