Manne wrote:
The major casino companies are using Nevada as online gaming insurance. The Silver State is close to an intrastate industry, but everyone wants more.
The industry sees Nevada’s effective population (residents plus tourists) as just not enough to make web poker worthwhile. A federal bill authorizing the activity nationwide or a state-by-state patchwork are solutions to the liquidity issue.
The American Gaming Association, the industry’s top lobbying group in the Beltway, is still pushing hard for a federal bill. On Thursday in Las Vegas, Nevada, the group’s President, Frank Fahrenkopf, presented the Nevada Gaming Policy Committee with an update.
Fahrenkopf began by telling the 11-member panel, headed by Gov. Brian Sandoval, that state compacts for Internet poker might not be so easy in the absence of a federal regime. According to Fahrenkopf, the U.S. Congress has authority to approve or deny any state-to-state deal, although it historically hasn’t interfered.
Read More: Nevada Casino Companies Ready for Intrastate Online Poker, But Federal Measure Still the Holy Grail
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2012/06/15
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Besides gambling in online casinos, there are also bookies as young as 13, who take bets in school on football matches.
Gamblers Rehab Centre Malaysia president David Chiang said young punters were a worrying trend, with some already becoming habitual gamblers at 15.
"Youths usually gamble over the Internet because it is not regulated. They will obviously get stopped at casinos because of their age. So they turn to online casinos instead," he said.
Read More: Betting among youths more popular with rise of Internet casinos