Online Casino Scrutiny > Casino News > November '08

Black Market Sports Betting: 3

The people that are of the legalize gambling persuasion believe that if online casinos and gambling is legalized then it can not only be taxed but there is a guaranteed way of keeping track of those people who use the websites and make it easier to catch potential criminals. An online casino would need to be brought to light and pay all of the dues that other businesses pay and in turn would help the global economy. The fact that online gambling is illegal is what causes people to find a way to do it anyway. The criminal acts and black market gambling produces billions of dollar every single year and is not accounted for. The United States is a great example of what happens to a country when online gambling is banned.
The Unlawful Internet Gambling Enforcement Act was enforced in the United States in 2006. The online casino industry has been lobbying to get the act over turned from the moment it was brought to the table. The illegal gambling in online casinos is definitely an issue that is not exclusive to just one country or region. However it has been hard to pinpoint exactly where the problem is coming from because, according to several congress speakers, it is extremely hard to connect slightly irregular activity with these huge claims. This is not to say that investigations are not on going for the online sports gambling companies. Because if we know anything about Europe is that no one messes with their football.
FIFA is trying to do their part in helping take control of this online casino sports betting scandal. The president of FIFA, Sepp Blatter, said that he would try his best to guard the integrity behind the World Cup. He later added, "It was written and said there was match-fixing without one item of evidence. In FIFA we are prepared to fight for clean, proper and fair sport but we cannot stand people abusing football or using it as a platform to spread new scandals when finally there are none." One thing is for sure, illegal gambling needs to be stopped at these online casinos. The University of Beijing reported that they believe $90 billion is bet illegally each year in China. In response to this Blatter added, "You cannot set a limit on international co-operation."

















 





 

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