Should Online Gambling Be Banned?

[binaryman]

Internet gambling is booming as Americans continue to wager billions of dollars on online sports books, Web casinos and virtual poker rooms even though the U.S. Department of Justice considers such activities illegal.
I hold a few POKER domains and would hate to see this law come into being. That would be bad for selling Poker related domains I think.


http://online.wsj.com/public/articl..._IGy_Ax75SChM_gejdynE_20070403.html?mod=blogs

 

[JMJ]

It should be legalized. By doing so taxes can be collected and those with addictive personalities could be treated.

 

[Fewski]

100% Disagree. Online gambling/poker should be LEGAL!

Hundreds of millions of dollars are won and lost each year by online gambling. IMO, it helps the economy. If that law gets passed, there will be many people very unhappy.

 

[Shorty]

IMO, it helps the economy.

Ahaha that really made me laugh.

Do you have any clue what you're saying? You think it helps the economy that the big corporate companies get richer and richer while mindless idiots throw away the money they earn?

Gambling only helps inequity. Richer get richer, poorer get poorer. This doesnt help anybody because the standard of living goes down as a result.

When you know what you're talking about when it comes to economics, please feel free to make a contribution again.

Anyway. As far as that law goes, it would only help the domaining community as I see it. Here's some economics for you, Fewski... with legalised internet gambling, there is a higher demand for online poker casinos. Supply moves to meet demand. This means developers will be looking for the domains to host the new poker sites they've created to help meet the demand. Therefore we will sell more domains or we can at least charge higher prices for them.

 

[Fewski]

Ahaha that really made me laugh.

Do you have any clue what you're saying? You think it helps the economy that the big corporate companies get richer and richer while mindless idiots throw away the money they earn?

Gambling only helps inequity. Richer get richer, poorer get poorer. This doesnt help anybody because the standard of living goes down as a result.

When you know what you're talking about when it comes to economics, please feel free to make a contribution again.

Anyway. As far as that law goes, it would only help the domaining community as I see it. Here's some economics for you, Fewski... with legalised internet gambling, there is a higher demand for online poker casinos. Supply moves to meet demand. This means developers will be looking for the domains to host the new poker sites they've created to help meet the demand. Therefore we will sell more domains or we can at least charge higher prices for them.

My guest is you don't know anything about Poker or gambling or you would be able to see the obvious.

EDIT: Just looked at your profile, your not even in the USA where this law is in debate... Let along your not even hold enough to gamble.... :td:

 

[Shorty]

First of all, let me convert what you just said into readable english.

My guess is you don't know anything about poker or gambling or you would be able to see the obvious.
EDIT: Just looked at your profile, you're not even in the USA where this law is in debate... Let alone you're not even old enough to gamble...

Now that I understand it, let me retaliate.

a) As I suspected, you're clearly talking about something you have no knowledge of.
b) I wouldn't want to gamble, because i'm not stupid.
c) Highlighting my youth only embarasses you further, because you're older.
d) If you knew anything about poker or gambling, you'd agree with me.
e) What country i'm in matters very little, domains are global.

Thank you, and goodnight.

 

[HBK216]

I follow this industry well as it is apart of my income. I don't worry about these laws being passed as they never will. The support needed to pass isn't there & never will be. The government is just mad as they want to get a cut of the profit & they are pissed as they never will.

 

[Xyzer]

I think it should be banned becuase of all the scams and everything that go on in my area. I dont see the need to not have it banned, if any one could tell me im grateful.

 

[SimpleDomaining]

what is the difference????? you close online gambling, gambler will go to the casino. If somebody is addicted he will find a way to play. Online way is just making it more convenient. IMHO.

 

[HBK216]

I think it should be banned becuase of all the scams and everything that go on in my area. I dont see the need to not have it banned, if any one could tell me im grateful.

I am sorry but not everyone who gambles online is a scammer. Overall only a small % of patrons end up being scammers. Why should others who want to get down on sports be banned because of what some others do?

 

[matt_bodis]

We know 99% of online gambling sites where you play the computer or host are scams.

 

[HBK216]

Ok you are going into a totally different direction with your comment. Online gambling doesn't just include casino games where the house will always have an advantage. However sports wagering is just as big as a market & it shouldn't be banned for those who want to get down on games.

I personally don't play casino games as too many of the companies use suspect software. Some places have easier systems to beat but I still don't bother.

 

[Shorty]

This thread is supposed to be discussing the impact of the potential law change on poker related domains, or indeed all gambling domains in general...can we stay on topic please?

 

[HBK216]

We are on topic as these issues are part of the reasoning as to why the government wants to ban it. The bills get shot down each year so I wouldn't worry about it.

 

[j8jweb]

Personally this law won't affect me too much, as I operate in the UK. I have found US gambling traffic in general (including Poker traffic) to convert at roughly 10% of the level of UK gambling traffic conversions... I would say this is primarily due to the Visa/Mastercard 7995 issue. The UK is definitely the way to go wherever you find "gambling" and "online" in the same sentence, and this will boost it even further.

 

[JMJ]

They could waste tax payers money running around arresting people out of their homes for playing a game of chance. Or legalize it, regulate it, collect taxes, and use some of the tax revenues for addiction prevention and treatment. Which seems to be the wise solution? If you asked a bible beater they would prefer the first. But thats not the answer.

For me it's a form of entertainment. How I choose to entertain myself and spend my money is my own business. Do I gamble online? No. I prefer the lights and action of a real casino. But if I chose to do so I should be able to. Who am I hurting if I do? Noone.

 

[America First]

I hold a few POKER domains and would hate to see this law come into being. That would be bad for selling Poker related domains I think.
http://online.wsj.com/public/articl..._IGy_Ax75SChM_gejdynE_20070403.html?mod=blogs

So why even post this If the law does not pass in the USA for online gambling, does that mean you cant sell your domains to someone in the UK or whom ever (now you should dump you poker/gambling names)
Don`t you think it would come up (with the goverment) many more times over the next many years until it does pass (after they see the money they players from the USA are spending and losing) This law should have no baring on weather you can sell your poker domains. You just better have names that are wanted.

 

[labrocca]

The actual WSJ article that Binaryman linked to is actually more interesting than this thread. I suggest you read it then comment.

 

[primacomputer]

I love the statement that these sites in other countries are “in direct violation of U.S. Law”. I guess our poor congressman doesn't appreciate that US law doesn't apply to the whole world? Sorry James. You're not the boss of me, or of any of the other 6 billion people who don't live in your country.

The country I live in already has financial restrictions similar to those proposed in HR4411. It stops some casual online gamblers, but if someone wants to gamble online they're going to find a way. If passed the law won't actually do much.

This thread is supposed to be discussing the impact of the potential law change on poker related domains, or indeed all gambling domains in general...can we stay on topic please?

The subject of this thread is “Should Online Gambling Be Banned?”
Trying to change the topic isn't going to help you win any arguments.

 

[Shorty]

Trying to change the topic isn't going to help you win any arguments.

I'm sorry, am I missing something? Was I supposed to be arguing with someone?

And also, it was posted in the "Industry News" section, where we discuss news on the basis that it affects our industry. If you want to discuss it without applying it to domains, maybe it should be in the Break Room.