Experts agree that stringent regulations can provide strong safeguards
WASHINGTON, July 11 /PRNewswire-USNewswire/ -- Internet gambling
experts spoke in support of regulation and their belief that the
technology used in the industry provides a strong platform upon which
to establish a framework to help combat compulsive gambling. Their
statements lend further credence to the assertion that legalized online
gambling will provide a far higher level of safeguards than does an
unregulated industry. The Internet Gambling Regulation and Enforcement
Act, legislation introduced by Congressman Barney Frank (D-MA), would
protect consumers by establishing a regulatory and enforcement
framework to tackle compulsive and underage gambling and ensure the
integrity of Internet gambling financial transactions.
"The graphical and interactive structure of the internet provides a
revolutionary opportunity to create informed customers with access to a
variety of information designed to encourage safe choices and
discourage unsafe behavior," said Keith Whyte, Executive Director of
the National Council on Problem Gambling, a leading U.S. advocate for
programs and services to assist problem gamblers and their families.
"Clearly gambling on the internet raises some difficult issues, but it
provides theoretical opportunities for operators to deliver responsible
gaming programs that meet or exceed current standards in the
bricks-and-mortar gaming industry."
Existing technology and security controls have already proven to be
effective in addressing compulsive gambling. Available safeguards
include the ability to control the amount of money wagered, set limits
on amounts deposited, restrict the duration that somebody can play,
identify and stop players whose gambling patterns seem out of the
ordinary and allow for consumers to be excluded from online gambling.
Experts in Europe also agree that a stringent regulatory environment
would help tackle compulsive gambling. "The robust, regulatory
framework proposed by Congressman Barney Frank presents a viable
opportunity to protect American consumers and combat problematic
gambling," said Andrew Poole, Head of Online Services for GamCare, a
U.K. based charitable organization committed to addressing the social
impact of gambling. "Across Europe and the rest of the world,
experience has shown that regulated Internet gambling and the
implementation of proven safeguards can ensure more responsible
gambling operations and off-set increases in problematic gambling."
"The Commission's experience indicates that the customer's ability
to make informed choices, to have information readily available
regarding spending patterns and to have access to an independent body
if aggrieved, are all significant measures towards reducing the risk of
compulsive gambling," said Andre Wilsenach, Chief Executive Officer of
the Alderney Gambling Control Commission, which is responsible for
overseeing the regulated Internet gambling activities of operators
based on Alderney in the Channel Islands.
"Opponents of Internet gambling are using scare tactics and
misstating research studies to argue that Internet gambling will result
in higher occurrences of compulsive gambling," said Jeffrey Sandman,
spokesman for the Safe and Secure Internet Gambling Initiative.
Instead, a clearer example of the actual behavior of Internet gamblers
was presented in a recent study, "Assessing the Playing Field: A
Prospective Longitudinal Study of Internet Sports Gambling Behavior,"
by the Harvard Medical School Division on Addictions. The research,
based on a sample of over 40,000 subjects, measured the gambling
behavior of online sports bettors and found that only one percent
exhibited excessive gambling patterns. On average, individuals did not
gamble every day and posted modest bets, averaging two to three dollars
a day -- a relatively cheap form of entertainment.
Sandman added, "The current prohibition of Internet gambling is not
stopping people from gambling online and does nothing to protect
against problem gambling. The regulatory framework presented in the
Internet Gambling Regulation and Enforcement Act, introduced by
Congressman Barney Frank, provides an effective approach to protect
consumers and ensure measures are in place to combat compulsive
gambling."
About Safe and Secure Internet Gambling Initiative
The Safe and Secure Internet Gambling Initiative promotes the
freedom of individuals to gamble online with the proper safeguards to
protect consumers and ensure the integrity of financial transactions.
For more information on the Initiative, please visit http://www.safeandsecureig.org/.
The Web site provides a means by which individuals can register support
for regulated Internet gambling with their elected representatives.