The paper focuses on the regulatory framework for Internet gambling in order to determine if there exists an optimal solution to regulating versus banning gambling on the Internet. The paper reveals that, although Internet gambling is seen as a social cost, regulated Internet gambling could be a viable source of tax revenue for many states.
From the Paper:
"As technological advances increase and the world becomes more interconnected, the framework of gambling has begun to change. The prevalence of internet gambling is astounding, and provides elements that were absent in conventional gambling arenas (Rose 134). However, as this trend continues, there are some very important questions to be answered. How is internet gambling regulated, in wake of the fact that this is done via the web? How is State revenue affected by these non-state gambling operations?"
Sample of Sources Used:
Bell, Tom. Internet Gambling: Prohibition versus Legalization. Congressional Testimony: National Gambling Impact Study Commission, Chicago: May 1998.
Retrieved on May 2, 2007 from http://www.cato.org/testimony/ct-tb052198.html
General Accounting Office (GAO). Internet Gambling: An Overview of the Issues. General Accounting Office of the United States: Report to Congressional Requesters, December 2002. Retrieved on May 2, 2007 from http://www.gao.gov/new.items/d0389.pdf
Lessani, Andrea. How much do you want to bet that the internet gambling prohibition act of 1997 is not the most effective way to tackle the problems of online gambling? UCLA Online Institute of Law and Politics, May 1998. Retrieved on May 2, 2007 from http://www.gseis.ucla.edu/iclp/alessani.html
Nelson, Rose. Internet gaming law : gambling and the law . New York : Mary Ann Liebert, 2005.
Regulating Internet Gambling (2012, January 15). Retrieved February 10, 2012, from http://www.academon.com/Term-Paper-Regulating-Internet-Gambling/104001
"Regulating Internet Gambling" 15 January 2012. Web. 10 Feb. 2012. <http://www.academon.com/Term-Paper-Regulating-Internet-Gambling/104001>
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