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Ethics and Online Gambling
Term Paper # 95827
Ethics and Online Gambling
A discussion on ethics and its role in information systems, particularly the ethicality of online or cyberspace gambling.
1,266 words (approx. 5.1 pages) |
5 sources |
MLA | 2007
Paper Summary:
This paper discusses the important ethical issues that surround online gambling and their repercussions on American society. It discusses the legislation currently surrounding online gambling. The paper then discusses the changes occuring in the legal and financial procedures through which online gambling activities are conducted or transacted, now that the prevalence of online gambling is increasing.From the Paper:
"However, the question of the legality of these online gambling sites is being put into scrutiny. US legislation has decided to deregulate online gambling through the 1961 Wire Act, with an updated version through the proposed bill Unlawful Internet Gambling Enforcement Act. The Wire Act is perhaps the only legislation that exists that is relevant to online gambling activity, wherein the law "prohibits the transfer of betting information across state lines using wire communication, such as the telephone" (Chesler: 2006:24). This legislation was, of course, conceptualized at a period wherein online gambling, or the Internet for that matter, has not yet been developed and prevalently used by American society. On the new proposed bill, the Unlawful Internet Gambling Enforcement Act, online gambling owners and users are prohibited from engaging in online financial transactions that requires the use of credit cards and fund transfers (25). These measures are set in order to protect the user mainly, and the online gambling sites as investments, secondarily."Sample of Sources Used:
- Armitt, C. (2005). "One in three UK Internet users visited gambling sites in April." New Media Age.
- Begum, H. (2005). "Wall Street banks shun online gaming floats." Lawyer, Vol. 19, Issue 35.
- Chesler, C. (2006). "Taking a Gamble." Investment Dealer's Digest, Vol. 72, Issue 23.
- Dudley, D. (2004). "Portals increase pressure to stop underage gambling." New Media Age.
- Eadington, W. (2004). "The future of online gambling in the United States and Elsewhere." Journal of Public Policy & Marketing, Vol. 23, Issue 2.
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Cite this paper
APA Citation:
Ethics and Online Gambling (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Term-Paper-Ethics-and-Online-Gambling/95827
MLA Citation:
"Ethics and Online Gambling" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Term-Paper-Ethics-and-Online-Gambling/95827>
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