Panel to U.S. state legislators: Regulate online gaming
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An online gaming consultant and the director of e-Commerce Online Gaming Regulation and Assurance told a gather of state legislators that state governments should start regulating the industry rather than banning it.
Frank Catania, who is also the former assistant attorney general and the director of the New Jersey Division of Gaming Enforcement, told the annual meeting of the National Council of Legislators from Gaming States in Napa, Calif., that the online gambling industry isn’t going anywhere any time soon, according to an article at online-casinos.com:
The diverse panel of industry experts updated lawmakers on the consequences of the federal Unlawful Internet Gambling Enforcement Act of 2006, which seeks to ban financial transactions with online gambling companies and has been roundly condemned for its lack of both precision and practicality.
“The United States is going one way, and the rest of the world the other,” said Catania, who predicted that after the 2008 presidential election the U.S. would join the regulatory wave. “The online gaming market will continue to expand regardless of any decision to regulate. Consumer demand and industry growth will force governments to act,” he asserted.
