πŸ’° Internet gambling is a bad bet: Our view

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Online gambling (or Internet gambling) is any kind of gambling conducted on the internet. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict Legislation on online gambling in the United States was first drafted in the late s. Bob Goodlatte and Jon.


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Clarify that the law applies to all forms of online gaming%2C not just sports betting. In Congress passed, and President George W.


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Four types of online gambling, including sports betting, could be operating legally in Michigan by March if Gov. Gretchen Whitmer, as expected.


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State Senate President Stephen M. The mobile expansion allows gamblers to play both slots and table games on their iPhone or iPad "at home or on the go. The navigation could not be loaded.{/INSERTKEYS}{/PARAGRAPH} California, Illinois, Pennsylvania and Texas hope to follow suit. While the dangers of addiction exist, Republicans and Democrats alike agree the funds from online play could aid New Jersey's ailing casino industry. {PARAGRAPH}{INSERTKEYS}Mirarchi's story is like many cautionary tales heard at Gamblers Anonymous meetings around the state. According to Weinbaum, a one- to five-year exclusion can be submitted online, but a lifetime ban must be done in person. That's how it starts. Mirarchi eventually steered clear of casinos to curb his addiction. About 2. Many casino officials believe smartphones and tablet devices will account for more than 20 percent of the casino's Internet gambling revenue this year, and more than 50 percent within three years. According to Weinbaum, 70 percent to 80 percent of people in New Jersey gamble, and 2 percent to 5 percent of them β€” or about , people β€” develop addiction problems. And online play caters to a younger crowd. Organizations such as the Council on Compulsive Gambling, the state lottery and the Department of Human Services are spreading the word that help is available. Sweeney has said Internet gaming will be a "crucial boost" to Atlantic City. Officials from Tropicana said players have the ability to limit deposits, spending and session times. According to Executive Director Donald Weinbaum, the New Jersey Council on Compulsive Gambling has seen an increased number of calls to its toll-free help line since the state's online gambling law took effect in November. AC, last month. Players also can suspend or close their accounts or voluntarily exclude themselves from the site. Gamblers also can visit the state Division of Gaming Enforcement to enter the self-exclusion program. The rate is twice as high for young adults, with 4 percent to 8 percent of them showing signs of compulsive gambling. Chris Christie said he signed the online gaming bill after adding a few safeguards, including increasing funds for programs that treat compulsive gambling. Mirarchi predicts the addiction numbers will double with the additional temptations of online play. He was a successful lawyer and a pillar in his community, but he craved the craps table and the rush of a royal flush. Christie also bumped up the tax rate on casinos' online winnings from 10 percent to 15 percent. New Jersey is the third state β€” after Delaware and Nevada β€” to authorize Internet gambling. But he fears that will be almost impossible for a new generation of gambling addicts in New Jersey, who can now place bets on their cellphones. The institute predicted those numbers could triple in , according to a poll released Jan.