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Loose Online Casinos creates problems
August 26, 2008, 7:54 am (3 years ago)Alaska is thinking about producing a state gaming commission, in part as a method to raise gambling incomes to state taxes. Representatives of the group Alaskans for Gaming Reform declare that the measure establishing the commission is essential; as the state loses great amount of incomes to online casinos due to the gambling currently accessible cannot contend.
Although the UIGEA has tried to prohibit online gambling from the U.S., Internet casinos are willingly accessible to those who look for them. The main consequence of the federal law has been to eliminate any security principles, as many of the admirable and genuine gambling websites have left the market, leaving the online casino industry a Wild West shootout.
Users have no security from the corrupt websites, and states and the federal government lose out on what might have been a massive income source. Alaska and other states are forced to act in response by slackening their own gambling backgrounds, put into a war of escalation with online casinos just to continue tax revenues flowing.
The goals legislators had when releasing the UIGEA can be estimable goals: decrease of problem gambling, protection of patrons, safety of minors. Unluckily, none of these goals is appropriately acted by the prohibition. But rules would go a long way to reaching these goals. And taxation with rules of online casinos might avoid states like Alaska from having to be anxious about lost incomes. It does seem easy…
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