Tuesday, June 16, 2015

Casino Online - Recent legalization of online gambling in U.S. raises red flags

Recent legalization of online gambling in U.S. raises red flags - Now that states are legalizing or looking to legalize online gaming across the U.S., each one should come up with ways to protect consumers from the many bad actors out there, according to one state congressional member.

In a press statement released on Saturday, New York State Senator Tim Kennedy (D-Buffalo) said the legalization of Agen Taruhan Judi Casino Bola Online online-gaming in states across the country could lead to increased illegal and predatory gambling activity in New York. Kennedy, who has long been an advocate for addiction treatment, says these sites are especially problematic for those suffering from gambling addiction. New Jersey, Nevada and Delaware's recent legalization of online gaming is raising red flags for states across the country that want to ensure the industry is regulated to protect consumers. Kennedy is calling on the New York State Gaming Commission to investigate illegal online gambling and to protect New Yorkers from predatory sites.
Kennedy says New York is currently unable to regulate the companies that are licensed in New Jersey, yet these sites will have easy access to New York customers through illegal middle-men who can set up "virtual private networks" to host "online casinos" in New York. The technology is very simple and could easily be manipulated to prey on those with gambling addiction across the country - often charging over-the-top fees.
Kennedy also points out that every dollar spent on Agen Bola Online Indonesia gambling online illegally is lost revenue for casinos in Buffalo and Niagara Falls, which employ thousands of Western New Yorkers.
In 2011, the three largest poker sites operating in country -- PokerStars, Full Tilt Poker and Absolute Poker -- were charged with bank fraud, illegal gambling offenses and money laundering. These sites took part in an elaborate criminal fraud scheme, involving misleading some U.S. banks and bribing others to assure the continued flow of billions in illegal gambling profits.
Another large player in the online gaming industry is Lucky303.co, which has been operating from offshore locations for years, has a Agen Taruhan Bola Tangkas history of taking illegal bets and offering no protection for minors and other individuals who would be harmed by online gambling. Some of these sites could be pushing for licensing in states like New Jersey, who are now offering legalized online gaming.
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