The first online gambling website was introduced in mid 1990s. Online gambling had gained more popularity year by year right after it was introduced. The industry made nearly $12 billion in 2005, a high jump from $1 billion in 1997. Online Casinos managed to attract gamblers as they facilitate easy way for everyone to bet or gamble. As according to BBC news, one of the reason why many gambler likes Online Gambling is "You don't have to physically walk anywhere. You don't have to take your purse out of your handbag or your wallet out of your back pocket"
Online casinos usually offer dozens of different games such as poker, black jack, roulette, sports games bets and etc. All the games are operated by computer programs which usually run within a Web browser. Players can also download the casino's software and play the games in desktop-based application. To assure gamblers that the casinos are not cheating in the games, games are usually developed by third party company. Casinos purchase the game from the developer and they rely their credibilities on the company that develop the game.
To start gambling, casinos require gamblers to register and deposit some money. The deposit payment can be done through credit cards, debit cards, electronic money services, check or wired transfer. However, nowadays most banks prohibit the use of their cards for the purpose of Internet gambling, and attempts to use credit cards on Internet gambling are usually rejected.
According to a study conducted in 2001, online gambling promotes addiction. For some players, the addiction starts with playing with fake money and win. When they started playing with real money, they tend to lose because they were nervous. When more and more players get addicted and lost in the games, it started to raised a lot of social issues (e.g. increased in number of unemployed and crime rate). Moreover, due to its accessibility, it increases the participations of underage players. It can be concluded that online gambling offers no potential economic benefits.
Realising the impact of online gambling, many country have started to banned online gambling by setting new rules and regulations. However, these rules and regulations are not quite successful because of the architecture of the Internet that makes prohibition of online gambling easy to evade and impossible to enforce. For example: online gambling websites may still freely operating by hosting their website in countries in which online gambling is legal.
Based on my personal view, solution to this problem may be by forcing the online gambling websites to register under a dedicated domain name. For example: ".bet or .casino" Thus countries that banned online gambling can filter and dismiss connection requests to websites which have those dedicated domain names.
References
http://en.wikipedia.org/wiki/Online_gambling
http://en.wikipedia.org/wiki/Online_casino
http://news.bbc.co.uk/1/hi/technology/3929455.stm
http://www.cs.sunysb.edu/~skiena/jaialai/excerpts/node19.html
http://www.nhttp://www.wusa9.com/news/news_article.aspx?storyid=53477bc4.com/news/9877949/detail.html
http://www.wusa9.com/news/news_article.aspx?storyid=53477
http://archives.cnn.com/2002/HEALTH/conditions/03/17/internet.gambling/index.html
http://www.ncpa.org/sub/dpd/index.php?Article_ID=12210
http://www.123helpme.com/view.asp?id=9979
http://entertainment.howstuffworks.com/online-gambling3.htm
Online casinos usually offer dozens of different games such as poker, black jack, roulette, sports games bets and etc. All the games are operated by computer programs which usually run within a Web browser. Players can also download the casino's software and play the games in desktop-based application. To assure gamblers that the casinos are not cheating in the games, games are usually developed by third party company. Casinos purchase the game from the developer and they rely their credibilities on the company that develop the game.
To start gambling, casinos require gamblers to register and deposit some money. The deposit payment can be done through credit cards, debit cards, electronic money services, check or wired transfer. However, nowadays most banks prohibit the use of their cards for the purpose of Internet gambling, and attempts to use credit cards on Internet gambling are usually rejected.
According to a study conducted in 2001, online gambling promotes addiction. For some players, the addiction starts with playing with fake money and win. When they started playing with real money, they tend to lose because they were nervous. When more and more players get addicted and lost in the games, it started to raised a lot of social issues (e.g. increased in number of unemployed and crime rate). Moreover, due to its accessibility, it increases the participations of underage players. It can be concluded that online gambling offers no potential economic benefits.
Realising the impact of online gambling, many country have started to banned online gambling by setting new rules and regulations. However, these rules and regulations are not quite successful because of the architecture of the Internet that makes prohibition of online gambling easy to evade and impossible to enforce. For example: online gambling websites may still freely operating by hosting their website in countries in which online gambling is legal.
Based on my personal view, solution to this problem may be by forcing the online gambling websites to register under a dedicated domain name. For example: ".bet or .casino" Thus countries that banned online gambling can filter and dismiss connection requests to websites which have those dedicated domain names.
References
http://en.wikipedia.org/wiki/Online_gambling
http://en.wikipedia.org/wiki/Online_casino
http://news.bbc.co.uk/1/hi/technology/3929455.stm
http://www.cs.sunysb.edu/~skiena/jaialai/excerpts/node19.html
http://www.nhttp://www.wusa9.com/news/news_article.aspx?storyid=53477bc4.com/news/9877949/detail.html
http://www.wusa9.com/news/news_article.aspx?storyid=53477
http://archives.cnn.com/2002/HEALTH/conditions/03/17/internet.gambling/index.html
http://www.ncpa.org/sub/dpd/index.php?Article_ID=12210
http://www.123helpme.com/view.asp?id=9979
http://entertainment.howstuffworks.com/online-gambling3.htm
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