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Online casinos received yet another endorsement from respectable research groups.  The US National Gambling Impact Study Commission and the American Psychiatric Association have concluded that regulation of online casinos will be necessary in order to protect problem gamblers.  The groups considered it dangerous to problem gamblers and teenagers that online casinos remain unregulated.

It is as if the Unlawful Internet Gambling Enforcement Act does not exist.  All the law seems to be doing is exposing US players to dangerous and unethical sites.  Despite the nearly three year presence of the Unlawful Internet Gambling Enforcement Act, an estimated 1,300 online casinos still pulls in between $650 million and $2 billion each year from American players.  The only thing that these players get in return are exposure to fraud, identity theft, and rigged games.

The most flawed argument to come from those that do not want to regulate online casinos is the idea of protecting the family.  If anything puts America’s youth at danger it is the lack of regulation and safeguards at online casinos.  According to the American Psychiatric Association, teens are the most susceptible to the temptations of online casinos.

The Unlawful Internet Gambling Enforcement Act was a law passed and implemented in a hurried fashion.  It has had very little positive effect on the country and the consequences of the law could almost be described as disastrous.  Examples like the United Kingdom and worried from respectable research group show that legalization, licensing, and regulation may be the only sensible option for the handling of online casinos.

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