In Tom W. Bell’s address before the National Wagering Impact Study Commission, he presumed that eventually, internet wagering will be legalized. There are ongoing debates on the benefits and drawbacks of the legalization. It is also studied whether the claim to build business opportunity ionclub in internet wagering is valid. But experts say that, sooner or later, other states will also demand the same leeway that is made available to Nevada in terms of wagering legality.
But even though there are designated wagering sites in the country, the development of technology makes it easier for people to access wagering sites online. In fact, people responded in recent studies that they will not fly to Nevada just to play in a legal casino. This is probably the reason why illegal wagering sites and fly-by-night wagering areas in the suburbs are created.
Well-meaning people who want to prevent wagering from being legalized have other interests to protect. Because the internet is readily accessible even to the youth, they fear that legalizing internet wagering might expose the young to early wagering activity. But currently, there are indeed those under 18 who do play in online wagering sites. And there is very little that the government could do because the world wide web is too immense a sea of information to be monitored constantly to prevent those under 18 from accessing it.
Another good thing about the business opportunity in internet wagering is that competition will beef up among wagering site operators. Each site will invest in its website and wagering games, making it as near the physical wagering games as possible. The recreation of the experience in a real casino will become the ideal. And contrary to claims that wagering in one’s home is habit forming and dangerous, it is not true. Going to a real casino moves real danger because that place is a controlled, carefully studied layout of making people spend precisely what they brought there. Everywhere people go, there’s a slot machine waiting to get played. But if people would rather gamble online, people are still be subject to external hindrances such as a moaping baby or a spouse warning they’ve to stop after they’ve reached their 7th hour in wagering online.
Legalizing internet wagering is the best way to regulate these businesses. There is nothing much that laws can do in order to cut wagering online. So instead of curbing online wagering, the government must legalize it and regulate it once it has been legalized. For now, they can simply focus their efforts on studying how to legalize the activity in order to generate more tax for developing social services. Once it has been legalized, online gamblers can be reassured that this move will encourage more companies to join the online wagering industry.
With enough competition in the field and with regulation from the government, there will surely be a lucrative business opportunity in internet wagering. Besides taxes that can help the government earn more, the creation of more wagering sites online will also create online business offerings for many people.