| Recently the United States government has | | | | If we look at the issue from an even broader |
| passed a law making it illegal for credit | | | | perceptive is not gambling on the internet |
| card companies or other such institutions in | | | | less harmful on the whole then investing or |
| the United States to make payments over the | | | | gambling on the stock market? Depending on |
| internet to businesses that are involved in | | | | how one wishes to label it, always bearing in |
| online gambling. I for my part would like to | | | | mind that gambling is an activity in which |
| say that I am not a gambler of any kind as | | | | money changes hands more by chance then by |
| the times that I have been to a casino or | | | | skill or knowledge. The stock market |
| gambled at one are so few as to be counted on | | | | naturally being more harmful by virtue of |
| one hand so it is not with a personal | | | | being able to cause devastating effects on |
| interest that I am against such a law nor is | | | | the economy of the whole world whereas |
| it that I profit in any way, shape or form | | | | internet gambling may realistically involve |
| from online gambling or any other kind. I | | | | only those who directly partake in it. |
| merely speak out against a law that I | | | | Furthermore losses from internet gambling |
| consider to be unfair, illogical and | | | | could never even approach those that were |
| hypocritical as it allows the same activity | | | | caused by the "sub prime market" which has |
| when practiced in Casinos in cities like Las | | | | set the world in to recession; though few are |
| Vegas or Atlantic City but not on the | | | | willing to use the term, at least for now. |
| internet. To my way of thinking this is the | | | | |
| equivalent of passing a law that makes it | | | | Â |
| illegal to consume liquor in bars but not in | | | | |
| restaurants; where the activity is left | | | | The reason the United States congress has |
| unaltered but for some reason the law strikes | | | | seen fit to declare gambling on the internet |
| out against. | | | | as illegal is based upon "morality". I |
| | | | personally do not see how this be "immoral"; |
| Â | | | | if such a word could be applied to people who |
| | | | by there own free will are risking their own |
| The issue to those who made the law regarding | | | | assets as opposed to those who do likewise on |
| online gambling in the United States was so | | | | the stock market. The stock market being a |
| called "morality" which of course is | | | | place where on many occasions those who |
| arbitrary and if one looks at things from a | | | | invest do not even do so with their own |
| purely logical point of view should never be | | | | savings but those of others who are not |
| used as a basis for law. It being this sort | | | | necessarily among society's most affluent or |
| of thinking which in the US lead to the | | | | sometimes not even informed as to what is |
| failed Volstead Act. This act being the one | | | | being done with their money. Is it not or |
| that brought about prohibition in the United | | | | should it not be up to each individual to |
| States during the 20s which contrary to | | | | decide in what form he or she wishes to spend |
| popular misconception made it unlawful not to | | | | or risk loosing his or her financial |
| produce or consume alcohol but to sell or buy | | | | resources or in this case not even on what |
| it. Meaning one could not profit from it | | | | but where? |
| which of course some did and in a huge way. | | | | |
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| | | | However I in what be this whole affair see |
| Morality regardless of what ever we may be | | | | something else that perhaps some do not and |
| told is a point of view which has always | | | | that is if people are not allowed to gamble |
| been; as what is considered to be moral by | | | | on the internet or at least those in the US |
| one individual or society will not | | | | then would they not be forced to do so |
| necessarily be considered as such by another | | | | exclusively in American casinos as they would |
| individual or society. For instance some may | | | | be left with no other legal choice. This |
| consider adultery as immoral though the law | | | | making it abundantly clear that with a law |
| in most countries does not regard it as | | | | forbidding gambling on the internet on |
| illegal or at least not anymore. As another | | | | supposedly moral grounds then American |
| example I can state how in some countries | | | | casinos would no longer be loosing out to |
| alcohol consumption is considered illegal on | | | | internet competition. This leaving the road |
| religious and moral grounds though in others | | | | clear for American gambling loses to stay in |
| it is not. However morality should be | | | | America as opposed to leaving the country. |
| distinguished between right and wrong. Of | | | | This in my opinion is the real issue that is |
| course never loosing sight of how even these | | | | being disguised as morality. |
| two to a large extent are also subjective to | | | | |
| interpretation though for the most part it is | | | | Â |
| accepted by most of society that murder and | | | | |
| theft are wrong. | | | | Naturally since casinos would be making more |
| | | | money because of this law so would the United |
| Â | | | | States government given that casinos would |
| | | | have higher revenues to be taxed which in a |
| With regards to the morality of gambling; we | | | | time of crisis would not come as unwanted |
| like many other things such as prostitution, | | | | income. This even goes further as when |
| drinking, same sex marriages, smoking, and | | | | Americans gamble less in casinos and more on |
| drug taking can always argue about their | | | | the internet they also spend less money on |
| moral aspects and their effect on society as | | | | traveling to those casinos, or staying in the |
| a whole but can it be considered wrong for | | | | hotels which own the casinos. This creating a |
| people who are past a certain age (18 in most | | | | situation that internet gambling has not only |
| countries) to willingly risk loosing their | | | | taken profits from American casinos but all |
| money in an attempt to win more of it even if | | | | those businesses connected to them. So taking |
| this be on the internet? These people after | | | | these factors in to consideration, I in my |
| all are aware that there is a chance that | | | | believe (if no one else's) claim this law was |
| their money will be lost, at least to them. | | | | passed to assist casinos in America and their |
| This is a question I would reply in the | | | | associated businesses in making higher |
| negative; giving the following reason. Why | | | | profits while hiding behind the smoke screen |
| should it be less moral for a person to win | | | | that is morality. Moral grounds being that |
| or loose money in gambling on the internet | | | | people loose their money and communities |
| then it is on "Wall Street"? This being a | | | | suffers as if the same thing did not occur |
| place were even larger sums of money are won | | | | when the identical activity is carried out in |
| and lost. If we lend some thought to the | | | | the casinos of Los Vegas or Atlantic City. |
| matter; is "investing" money on the stock | | | | |
| market not a form of gambling as one is never | | | | Â |
| sure one will profit or not unless one has | | | | |
| inside information which is even illegal. | | | | Of course like with prohibition which did not |
| Naturally I am aware that there are those who | | | | stop drinking but rather increased it; this |
| will say that on the stock market money is | | | | law based on hypocrisy will also not stop |
| neither won nor loss but simply changes hands | | | | online gambling either; even for Americans |
| well is it not the same case with online | | | | (let alone people from other countries) as |
| gambling and in this argument, let it not | | | | all they need do is travel outside the US or |
| slip our minds that investing (or gambling) | | | | simply find a foreign bank to issue them a |
| on the stock market may also be done on the | | | | credit card that is not bound to uphold laws |
| internet. | | | | that simply do not make sense and serve no |
| | | | purpose other then the interest of a select |
| Â | | | | few. |
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