Experience has shown us that attempts to control the Internet will invariably fail. We should be instructed by the failed efforts of China to regulate political content, the efforts of America to regulate Internet gambling, or the efforts of Australia to regulate certain speech. By its very nature, the Internet will always resist such controls.
The Internet greatly facilitates betting pools called information or prediction markets that permit people to bet on the occurrence of future events. Such markets already gauge election results more accurately than polls do. If legalized and modestly subsidized, they could also foretell many policy results better than politicians or experts alone. We could then better predict the consequences of changes
Putting a stop to internet gambling is a necessary reform that targets flagrant violations of state and federal laws.
If gambling in general is a dumb bet, then gambling on the Internet is a very dumb bet.
In fact, a University of Connecticut study showed that as many as three in four pre-teens and teens who are exposed to Internet gambling become addicted.
Shockingly, a University of Pennsylvania study says the number of young people addicted to gambling - largely due to increased exposure to the Internet and Internet gambling - grew by an alarming 20 percent between 2004 and 2005 alone.
…in the first half of the 2015 baseball season, 1.3% of the players took in 91% of the winnings.
Leitch is referring to the odds of winning in Daily Fantasy Sports.
I am willing to spend whatever it takes … My moral standard compels me to speak out on this issue because I am the largest company by far in the industry and I am willing to speak out. I don’t see any compelling reason for the government to allow people to gamble on the Internet and nobody has ever explained except for the two companies whose special interest is going to be served if there is gaming on the Internet, Caesars and MGM.
Daily Fantasy Sports has nothing to do with sports. The “game,” such as it is, uses sporting events the way the lottery uses ping-pong balls. Being into DFS because you’re a sports fan is like being into poker because you’re just generally a big fan of clovers, diamonds and spades. Indeed, the best players don’t know anything about sports at all, a fact they are cheerfully honest, even boastful, about.
Yes, Internet gambling is illegal in Canada but we are not Canadians. We’re members of the Haudenosaunee--5 Nation Confederacy… the Kahnawake. We’re not Canadian.
Pre-teens, teens and college students have unlimited access to the Internet - 24 hours a day, seven days a week. Because of the repeated exposure they have to illegal Internet gambling sites, they fall victim by the thousands.