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."