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Non Cash Prizes Professor Encourages Legalisation Of Web Betting
The calls for the legalisation of online gambling today received a strong boost with the words of Professor Kathryn LaTour of the University of Nevada, Las Vegas (UNLV)– with her study stating that legalisation and regulation of online gambling in the USA could reduce some of the harmful effects of the activity.
Legislation to regulate online gambling could help stop gambling addiction, whilst simultaneously keeping underage gamblers out of virtual casinos. In her study, LaTour also suggested that the regulation of online gambling was necessary to stop “gambling behaviour becoming a component of the consumer’s everyday lifeâ€, comparing it to other leisure activities like watching television.
Professor LaTour adds credibility to the usual campaigners for legalisation, such as the online gambling community and owners of off-shore gambling site operators, because her study was not funded by the gaming industry – instead receiving endorsement from the department of UNLV which she teaches at. LaTour also claimed that, on a personal level, she was not opposed to the practice of online gambling as long as some limits can be set – suggesting a sensible balance between the two viewpoints.
With the online gambling industry making between $10billion to $20billion every year, it’s at no risk from elimination in the near future. Experts think that regulation of the industry could bring in revenue for the government in the form of taxes, especially given that regular gambling is legal in several states across America, including Nevada.
Professor LaTour suggests that the dangers of online gambling are much greater than legalised gambling in casinos, due to the lack of regulation present in the online market. This leads to online players becoming addicted faster due to the lack of social interaction when gambling online. Although Nevada rejected a recent proposal to legalise online gambling, LaTour hopes that her new study will convince the state that regulation of the online market can lead to a less harmful practice in the future.