UK calls for online gambling summit

By Derek Sooman on January 16, 2006, 12:44 PM
In the UK, the government there is calling for the introduction of an international summit to discuss the benefits and problems of online gambling. Donít make the mistake however of thinking that the purpose of this is to solely discuss how such gambling might adversely effect users Ė also on the agenda is an interest in collecting tax from online gambling sites, which is potentially quite a big money maker.

Tessa Jowell, culture minister, told the FT: "This is a global problem and requires a global solution, which is why this summit is important."

A spokeswoman for the Department of Culture, Media and Sport confirmed the proposal and that Australia, South Africa and New Zealand have expressed an interest.




User Comments: 6

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MonkeyMan said:
Well, I'm sure that the positive side to this involves revenue, but on the other side, it could be damaging to people who continously play it. Gambling can be additive, and can ruin a person's life. I think that gambling should only be offered a couple of times a month, to prevent problems such as this, but then again, it would ruin annual sale production, and probably cause it to go bankrupt. So, I guess its all basically up to the gamblers.
nathanskywalker said:
Yes, while gambling may bring in revenues, aren't there better ways to do this? i mean, gambling really hurts more than it helps, most people just lose, and the obsessive people can lose everything. Even honest people i know, have testified to the addictivness of gambling. I am not saying that it is the governments buisness to tell us whether of not to gamble, but then again, i am against the government making money from gambling. There really are better ways to bring in revenue...starting with wiser budgeting...
exscind said:
[b]Originally posted by MonkeyMan:[/b][quote]I think that gambling should only be offered a couple of times a month, to prevent problems such as this[/quote]Revenue aside, I don't think that's a fair assessment. I agree with you; gambling, for the most part, is bad because of the addiction. But the government shouldn't interfere with a person's right to gamble if he or she wishes to. My friend who lives next door gambles and plays poker (both online) quite often. He does this because he is handicapped and needs an income to pay for college. Luckily, he is very good. I can't imagine if the government forces him to only gamble a "couple of times a moonth." I don't like what he does, but I understand why he is doing it.In terms of revenue, taxing from online gambling can be a very nice source of income for the government. Taxes applies to online shopping, so I don't see any difference in online gambling.
Race said:
Gambling on-line, whether bad or good, is here to stay, and with regulations much looser overseas than they are in the states, it's even bigger over there. (especially the UK)Out of curiosity, I've been following the stock of a major gambling software provider (Cryptologic Inc...latest quarter revenue up 35% and earnings up 80%) for a while now, and I was surprised to find out that it's not just the normal card games that are attracting attention. Recent launches included Bejeweled, a wildly popular gem-matching game, and six new multi-stage, multi-bonus and multi-jackpot games. These games, which feature Marvel Super Heroes such as The Hulk, Daredevil, X-Men, Blade and The Punisher, are among the most popular games with Internet players.I may be wrong but this seems to me to be an attempt to attract even younger gamblers.At any rate, with big money (taxes) involved, and the potential of user abuse, this government 'summit' is both.... needed, and comes as no surprise.
otmakus said:
If the government can't take it down, why not profit from it? And once regulated, they can force stricter laws, such as no ads in other websites that can be accessed by minors, no spams (!!!). As for the addiction, the ruin of someone's life, well, it's their own choice to do whatever they want with their life.
mentaljedi said:
[b]Originally posted by otmakus:[/b][quote]If the government can't take it down, why not profit from it? And once regulated, they can force stricter laws, such as no ads in other websites that can be accessed by minors, no spams (!!!). As for the addiction, the ruin of someone's life, well, it's their own choice to do whatever they want with their life.[/quote]I agree there. We all know about that Gambling law that i don't think quite made it in the UK not long ago. I disagree that gambling should be regulated too much and that it ruins lives. Yes it does but only stupid people let that happen! I'm sure nobody here is addicted to it because everyone here sounds remotly intelligent!
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