Online Casino News

Regulation Over Prohibition

The Internet Gambling Regulation, Consumer Protection, and Enforcement Act proposed by HR 2267 would actually regulate online casinos in a way that the Unlawful Internet Gambling Enforcement Act could never.  The proposed law does so much more for gamblers and none gamblers alike. 

There is one thing that is certain, without destroying the Internet with all sorts of censorships laws, there is no way that the United States government could prohibit players from using online casinos.  So it only seems fitting that they make online casinos safe for the consumers that choose to frequent them.  There are some basic consumer protection requirements that online casinos must meet before they are granted an operators license.

Having a licensed and regulated online casino industry in the United States will also help online casinos.  Many gamblers still do not frequent online casinos because so operations cannot be trusted.  Knowing that a casino is approved and monitored by the United States government ought to encourage gamblers to trust online casinos.

Regulating online casinos in the United States is also the only way to prevent online casinos from accepting wagers from states that forbids online gambling.  This way if a company violates the laws of a state by accepting illegal wagers, the United States Department of the Treasury reserves the right revoke the license of the company.  That means online casinos can actually face legal consequences for their misdeeds. The same enforcement policy will prevent online casinos from taking illegal sports bets.   

Regulation really is the only true method of keeping tabs on the online gambling industry in the United States.