Controlling Online Gambling Term Paper by Master Researcher

Controlling Online Gambling
An examination of online gambling, including its legislation and control.
# 38818 | 2,650 words | 11 sources | MLA | 2002 | US
Published on Oct 15, 2003 in Computer and Technology (Internet) , Law (General)


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Description:

This paper looks at the growth of online gambling and gambling addiction as it applies to online gambling. The paper explains the problems with online gambling and looks at attempts to control online gambling. The paper includes recommendations for governments to control the future of online gambling. This paper focuses on Canada and Ontario but includes evidence from the United States and around the world.

Outline:
Introduction
Online Gambling
Gambling Addiction and Online Gambling
Legislation and Control
Recommendations

From the Paper:

"Online gambling has taken off. Results of a survey published in PRNewswire (22 March 2001) claims that around 8 million people in the United States had already gambled online at that time. In November 2001 a major study of the Internet casino business stated "it is making strong inroads in Canada." The report stated, "There's little to stop Canadians from spending money on online games of chance, even though Internet casinos are essentially illegal in Canada." This is also the situation in the United States. This report stated that Internet gambling up tenfold in the last year in Canada.
"Websense Inc. reported in January 2003, "about 40,000 sites in 2002, up from about 26,000 in 2001, a 53 percent increase." This is a very significant rate of growth in the business. Without statistics to compare it too I would state that this is a fast rate of growth even in the e-commerce business. This is evidence of how fast the online gambling is growing. In total, more people are gambling on more Internet gambling sites.
"Overall, the number of people gambling online is increasing. Also, the number of Internet gambling sites is growing at a significant rate. Therefore, the number of money being bet, the revenue in the industry is growing. Between 1999 and 2000 the amount bet on the Internet in the Untied States increased by 35 percent to $1.5 billion US. The United States Government Accounting Office reports in December 2003 that Internet gaming will be a $5 billion US business in 2003. This is a business that started only in 1995 and eight years later will be worth $5 billion US."

Cite this Term Paper:

APA Format

Controlling Online Gambling (2003, October 15) Retrieved June 25, 2019, from https://www.academon.com/term-paper/controlling-online-gambling-38818/

MLA Format

"Controlling Online Gambling" 15 October 2003. Web. 25 June. 2019. <https://www.academon.com/term-paper/controlling-online-gambling-38818/>

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