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Dont Care Essay

2219 words - 9 pages

An era of changing youth
William Pascrell III, a lobbyist with Princeton Public Affairs Group, said the bill gives "bricks and mortar casinos a chance to re-examine their business model." Pascrell represents Poker Stars, an online poker company that is working to purchase the Atlantic Club Casino, and has more than 50 million online players around the world.

Pascrell said the law incentivizes the Atlantic City casinos to "marry" their brand to an online provider to attract gamblers to the city and hold their attention online when they get home. He added that people still visit casinos in Europe and Asia despite the fact that online gaming is legal there.
"There's no proof of a negative ...view middle of the document...

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While Pascrell said there are no silver bullets for pushing New Jersey back to the forefront of the gaming world. Both he and Posner agree the bill puts the state back in a leadership position as other states scramble to form similar regulations.

Online gambling isn't relatively old as it's only been going since the 1990's, the first casino to start was in 1995 when the internet was just started to attract more people mentions UNC (2006), but the first online gambling website attracted its market and growth was increasing dramatically year on year, more online casinos were launched to attract this big flux of gamblers, in 2001 the total global revenue was $3 Billion and by July 2005 the number of gamblers visiting online gambling sites had hit 30 million in the one month alone describes UNC (2006) , a year later the global revenue for online gambling were estimated to be $15 billion in 2006 according to P fanner (2006), the number of games offered has also increased, which ranges from online casino's, lotteries, sports betting and bingo, with bingo expected to be see the greatest increase due to its audience its targeting, because of this surge in online gambling it has been a controversial issue throughout the world, countries are constantly updating their laws to keep up with online gambling and the issues it bring with it. This report gives an outline to the current laws, which are in place and how the citizens of those countries are binding by the laws or even finding loopholes within them.

Online gambling isn't relatively old as it's only been going since the 1990's, the first casino to start was in 1995 when the internet was just started to attract more people mentions UNC (2006), but the first online gambling website attracted its market and growth was increasing dramatically year on year, more online casinos were launched to attract this big flux of gamblers, in 2001 the total global revenue was $3 Billion and by July 2005 the number of gamblers visiting online gambling sites had hit 30 million in the one month alone describes UNC (2006) , a year later the global revenue for online gambling were estimated to be $15 billion in 2006 according to P fanner (2006), the number of games offered has also increased, which ranges from online casino's, lotteries, sports betting and bingo, with bingo expected to be see the greatest increase due to its audience its targeting, because of this surge in online gambling it has been a controversial issue throughout the world, countries are constantly updating their laws to keep up with online gambling and the issues it bring with it. This report gives an outline to the current laws, which are in place and how the citizens of those countries are binding by the laws or even finding loopholes within them.

Israel Posner, director of the Levenson Institute of Gaming Hospitality & Tourism at Stockton College, divided gamblers into two types: convenience gamblers and destination gamblers. Posner...

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