Wall Street Journal Europe: U.S. should regulate online gambling
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The Wall Street Journal Europe published an opinion piece yesterday stating that the U.S. should legalize online gambling and poker.
The publication addresses many of the negative impacts of the Unlawful Internet Gambling Enforcement Act.
According to the WSJE piece, reprinted at pokerpages.com:
We have our differences with House Financial Services Chairman Barney Frank, but he may have been on to something when he introduced a bill to exempt licensed operators from the ban. Gambling is a vice, and social problems attach themselves to it. By legalizing and regulating the business, however, Washington could more effectively battle such problems as underage gambling and addiction. It would also avoid unnecessary trade tiffs with its leading commercial partners. And it would exempt cyberspace from overaggressive regulators, in America or anywhere else.
Whole thing here, including the entire op-ed.
