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Although the intentions behind groups that oppose online casinos are often good, their reasoning still appears to be strongly misguided.  Statistics just do not seem to line up with their assumptions.

Tom Grey of Stop Predatory Gambling is, as to be expected, opposed to Barney Frank’s bill to regulate and legalize online casinos.  Grey’s reasoning is that online casinos should be banned because they prey on people’s hopes that online gambling is a solution to their economic troubles.  However, statistics do not offer any supporting evidence to Grey’s claims. 

“If it (online gambling) were such a great product, you would think that we'd all be able to gamble ourselves rich,” says Grey.

“Evidently Barney feels that personal freedom, that we ought to be able to do whatever we please, includes losing our house with the click of a mouse without ever leaving it by gambling inside.”

Sherman Bradley of Online Casino Advisory strongly disagrees with Grey’s theory, mostly because the numbers do not match up.  Ever since the economic recession, gambling revenues, in some markets more than others, have decreased.  This implies that people are cutting back on the amount of money they spend at online casinos or other gambling venues.  If people believed they were likely to hit the jackpot, reasons Bradley, these numbers would not decrease.

Statistics from the American Gaming Association reports a five percent drop in national casino revenues last month.  This is a trend that has persisted for over one year now.  These numbers do not coincide with Grey’s theory of a culture of delusional gamblers.

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