{
    "success": true,
    "data": {
        "id": 1099089,
        "msgid": "focusing-on-the-vices-and-virtues-of-online-gambling-1447893297",
        "date": "2001-01-07 00:00:00",
        "title": "Focusing on the vices and virtues of online gambling",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Focusing on the vices and virtues of online gambling By Vishnu K. Mahmud JAKARTA (JP): Two years ago, the lights, audacity and pure tackiness of Las Vegas, gambling capital of the world, dazzled me. No where else can the Egyptian Pyramids blend so well with a castle from the Middle Ages, while on the other side of the road sits a giant replica of New York City complete with the Coney Island roller coaster.",
        "content": "<p>Focusing on the vices and virtues of online gambling<\/p>\n<p>By Vishnu K. Mahmud<\/p>\n<p>JAKARTA (JP): Two years ago, the lights, audacity and pure<br>\ntackiness of Las Vegas, gambling capital of the world, dazzled<br>\nme. No where else can the Egyptian Pyramids blend so well with a<br>\ncastle from the Middle Ages, while on the other side of the road<br>\nsits a giant replica of New York City complete with the Coney<br>\nIsland roller coaster.<\/p>\n<p>This was a gamblers paradise and I thought there was no way<br>\nonline gambling could be successful. You must visit a casino to<br>\ntruly appreciate the &quot;sport&quot;.<\/p>\n<p>I was wrong. Today, Online Gambling is a multi-billion dollar<br>\nindustry. Sites have sprouted around the net offering everything<br>\nfrom sports betting (who will win the next Super Bowl) to virtual<br>\ngambling (blackjack, poker and the like). For businesses, opening<br>\na virtual gambling venture can be a profitable enterprise.<\/p>\n<p>The start up cost can be small while they grow their<br>\nmembership, and software is easy to create. There will never be a<br>\nshortage of customers to their sites as long as they update<br>\ncontinuously, pay their clients&apos; winnings, have a good reputation<br>\nand provide excellent service.<\/p>\n<p>With the help of the Net, these gaming sites can command a<br>\nworldwide audience. No more must people go to Vegas, Monte Carlo<br>\nor Macao for their gambling experience. Just sit back in your<br>\nliving room, power up the computer and log on. You can place your<br>\nbets and win from the comfort of your own chair.<\/p>\n<p>Statistics on previous sports results can be brought up and<br>\nhelp you to decide which wager to place. You can play blackjack<br>\nonline with other punters from around the world. You can even<br>\nchat as you bet. You may miss the free drinks, smoky atmosphere<br>\nand background sounds of the slot machines but you still have the<br>\nchance of winning if you play!<\/p>\n<p>Governments can benefit from legalized gambling since the<br>\ntaxes can help build roads, improve social conditions and lower<br>\ntaxes for its citizens. The State of Nevada (home to Las Vegas)<br>\nhas no income tax for its residents and the state is continuously<br>\nexpanding.<\/p>\n<p>Even Malaysia has a special area where gambling is legal<br>\nthanks to its Prime Minister&apos;s pragmatism. In Britain, some money<br>\nfrom the National Lottery goes to the National Health Service.<\/p>\n<p>There are, of course, moral considerations about gambling. In<br>\nIslam, gambling is forbidden. So opening up a gambling site based<br>\nin Indonesia will not be possible. And, although the site would<br>\nbe profitable and create jobs for many here, a lot of people<br>\nwould say that those profits would be on the backs of those who<br>\nreally can&apos;t afford to gamble, who could then ignore their family<br>\nand social responsibilities for the sake of trying to win.<\/p>\n<p>Many consider gambling as a social disease: once you start to<br>\ngamble it is difficult to stop. One person said that gambling is<br>\nlike walking through a car park. You find $100 and think, &quot;maybe<br>\nI should walk around the car park again.&quot; What is to stop an<br>\naverage person from gambling in the privacy of his own home?<br>\nGetting deeper into debt. Mesmerized by the chance of winning.<br>\nBut you can win lots of money if you try. So is it really that<br>\nbad to place a bet on the Canadiens hockey team against the<br>\nBoston Bruins? It&apos;s ONLY one bet, right?<\/p>\n<p>Most online gambling sites are based outside the United States<br>\nthat, interestingly enough, has strict interstate gambling laws.<br>\nIt is illegal for a citizen of one state (where gambling is<br>\nillegal) to place a wager over telephone lines (thus, the<br>\ninternet) in another state where gambling is legal.<\/p>\n<p>It is not actually moral considerations that prompt state<br>\ngovernments to declare war on online gambling but rather those of<br>\nrevenue. Since most of these outfits are offshore, none of the<br>\nstates can get income tax revenue from the winnings. And<br>\nrecently, the U.S. has begun to flex its muscles with regard to<br>\nvirtual gambling.<\/p>\n<p>World Sport Exchange (www.wsex.com) is an offshore Internet<br>\nGambling company based in Antigua whose executives were recently<br>\ntargeted by an FBI sting operation.<\/p>\n<p>Jay Cohen, co-founder of the site, was convicted of illegal<br>\nInternet wagering. He was accused of allowing a resident of New<br>\nYork State (where gambling is illegal) to place sports bets.<br>\nNever mind that the company is based in the Caribbean, Cohen, an<br>\nAmerican, was found guilty nevertheless.<\/p>\n<p>This case has opened a Pandora&apos;s box of conflicting legal<br>\nissues. Whose laws can be applied where and for what? Can a U.S.<br>\ncourt convict a company based in Turkey? Can a French court<br>\ncondemn an American citizen in Germany for selling banned<br>\nmemorabilia? As many have found out, thanks to the anarchic<br>\nnature of the Internet, national borders are practically useless<br>\nin the virtual world. But that hasn&apos;t stopped countries from<br>\ntrying.<\/p>\n<p>But, in the end gambling sites are probably a necessary evil.<br>\nThey create revenue, taxes and jobs. As does the cigarette<br>\nindustry. Despite the social and health considerations, they<br>\nexist and it is up to the individual user to decide if he or she<br>\nwill log on or light up. Punters should always remember though,<br>\nthe odds favor the gambling establishment. The house almost<br>\nalways wins. (vmahmud@yahoo.com)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/focusing-on-the-vices-and-virtues-of-online-gambling-1447893297",
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    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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