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»Money
Laundering
Myth:
Online gambling is more susceptible to money
laundering than land-based gambling.
Fact: There is no
credible evidence of money laundering associated
with online gambling. Land-based gambling in
venues such as casinos and race tracks is more
susceptible to money laundering than online
gambling.

»Gambling
Addiction
Myth:
Online gambling presents greater risks of addiction
and abusive gambling.
Fact: Scholarly and
scientific evidence does not support this claim.
Online gambling can be better monitored to avoid
problem gambling than traditional forms of
land-based gambling. Traditional gambling devices,
such as slot machines in casinos or video lottery
machines at race tracks, are either as, or even
more, addictive than online gambling.

»Underage
Gambling
Myth: Online
gambling is more likely to attract underage gambling
than land-based gambling.
Fact: This is not
correct. While
underage gambling has been a persistent concern at
land-based casinos and lotteries, or with
underground American bookies who take bets on
credit, the same is not true with online gambling.

»Existence of Online Gambling in the United States
Myth: Online gambling does not exist
in the United States.
Fact: Americans
can freely and openly place bets via their
computers, televisions or telephones. The
United States sanctions remote gambling on horse
racing and the State of Nevada, for instance,
sanctions remote gambling within Nevada. Other
states intend to follow Nevada's lead in a new phase
of gambling expansion in the United States.

»Consumer
Protection
Myth: Online
gambling is unfair to bettors.
Fact: This is not
true. Online gambling regulations in nations
such as the United Kingdom, Ireland, Australia, and
Antigua ensure that consumers are treated fairly and
the games are completely honest.

»Placing
Bets Online Today
Myth:
It is illegal to place a bet in the United States.
Fact: This is not
true in the majority of states. There is no federal
law which criminalizes the placement of a bet by a
bettor. This holds true in the majority of states;
although there are some states which do criminalize
betting.

»Regulation
of Online Gambling
Myth: Online
gambling is not capable of being regulated.
Fact: This is not
true. Online gambling is successfully
regulated in many parts of the world, so it can
obviously be regulated in the United States.
The countries which permit and regulate online
gambling include: the United Kingdom, Ireland,
Australia, Antigua, and interestingly, even the
United States itself. The State of Nevada permits
and regulates online sportsbooks for Nevada
residents and visitors. the State of Nevada is
also in the process of issuing regulations for other
forms of remote gambling.

»Betting
on Sports
Myth: Regulated
sports gambling threatens the character and
integrity of sporting events.
Fact: No one has a
greater interest in keeping the games honest than
legitimate bookmakers. Regulated bookmakers have
successfully worked with the sports leagues and law
enforcement officials to ensure games are fair and
honest.

»Federal
Government on Gambling
Myth: The United
States federal government is opposed to gambling.
Fact: The United
States federal government owns and operates casinos
at military installations in other countries. As
an owner and operator of casinos, the federal
government can hardly be said to be anti-gambling.

»States
on Gambling
Myth: The individual states are
opposed to gambling.
Fact: This is not correct. Gambling is legal in 48 of 50
states. The individual states not only regulate and
license gambling, they also own the largest gambling
operations in the world – state lotteries. There
are 41 state lotteries in the United States.

»International
Trade Obligations for Gambling Services
Myth: The United States is not
obligated to allow foreign gambling operators to
access the American gambling market.
Fact: The World Trade Organization
ruled in 2005 that the United States is in violation
of its international trade commitments by attempting
to block foreign gambling operators from the
Caribbean nation of Antigua and Barbuda from
offering Internet and telephone gambling services to
Americans. The United States is therefore required
to allow access to Antigua operators and has until
April 2006 to do so.

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