Underage Online Gambling Problem - The Best Online Casino Guide Blog
Underage gambling is one of the top concerns of those who oppose online gambling, matched only perhaps by gambling addiction. The two also go hand in hand, as people are concerned that minors will start gambling and then become addicted.
To that end, the U.S. Federal Trade Commission issued a report in which they said that the online gambling industry does not do a good enough job of protecting minors. The FTC visited over 100 gambling websites and found that in many cases, minors can easily access the site and gamble. The FTC warning also said that minors are often exposed to advertisements for online gambling on websites not related to the industry.
With the FTC’s warning in mind, those who seek regulation of online gambling need to make protecting minors and problem gamblers a top priority, if it isn’t already. The last thing that society or the gambling industry needs is for a government-regulated industry to increase problem gambling and other societal problems.
For some time, the folks at www.gamblingreviews.com have been warning against trusting that government regulation would be a panacea for the industry. The truth is that the government makes a lot of mistakes in industries that it regulates already, so the framework for online gambling regulation needs to be carefully crafted.
It should be noted that the FTC warning was from 2002. Since then, there have been improvements in the industry when it comes to security and protection of underage and problem gamblers. If Congress opts to vote on regulating the industry, they would likely have the FTC or another group perform a similar study now.