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May 6th, 2009
08:53 AM ET

Gambling On Your Computer?

Rep. Barney Frank wants to make internet gambling legal. Gambling company executives say regulating and taxing internet gambling would raise billions of dollars for the government. What do you think? Is it a good idea to let gamblers risk it all online? Post your comments and we'll share them in the Newsroom at Noon ET today.


Filed under: Tony Harris
soundoff (74 Responses)
  1. Shorty

    First, how will they verify the consumer is of legal age and is authorized to use whatever payment method is used.

    May 6, 2009 at 9:21 am |
  2. SpringWolf

    Internet gambling revenue in the United States was $5.9 billion in 2005, according to Christiansen Capital Advisors (CCA). That revenue greatly increased as the popularity of poker tournaments increased and celebrity players hit the news. Even NASCAR star Tony Stewart is a well known and avid poker player through the internet. Adviser Marco Felice Baranzelli states that the worldwide gaming market’s total gaming yield for 2007 hit $ 328.5 billion, maximum of US$ 309.6 billion in 2006. This is a huge amount of money that is being sent over seas by Americans. It would seem wise for American politicians to tap into this revenue and legalize internet gambling for the U.S. It's going to go on whither or not we accept it. Why fight it, when we can profit from it.

    May 6, 2009 at 9:29 am |
  3. Chris Caldwell

    See we are so worried about what is going on in other countries that when stuff happens here we are slow about doing stuff. As I said before the USA is the best country to live in but it seems no one seems to care that we are being attacked with drugs and out sourcing everything to other countries so we are paying other countries to send us things that are killing us but yet we worry about OIL more than Our own people.Thank God for Barack Obama

    May 6, 2009 at 10:28 am |
  4. Bee Kay

    Legalization of internet gambling is only viable when one knows the house is not cheating. But then again, Wall Street's already legalized gambling.

    May 6, 2009 at 10:32 am |
  5. Chris Caldwell

    Gambling on line wont be so bad because if people are gambling at home it would be less likely that they would leave a casino to drunk to drive so yes in some ways it would be a good thing but thats if they don't say the money is for one thing and then change what it is for after it is legal kinda like the Michigan state Lottery all of the money was suppose to goto schools but if it is where is all of this money going

    May 6, 2009 at 10:32 am |
  6. steve dougherty

    I do not think that online gambling should be endorsed or legal. many people are compulsive gamblers and cannot mange their money and their familys finances. i have experienced a brother in law that had a terminal illness but continued to gamble online. The consequenses of his compulsion were financial ruin to my sister. She lost her home, car and and numerous credit cards were maxed out and many she did not even know they had. Upon his death she realized all of this financial disaster and was forced into bankruptcy.

    May 6, 2009 at 10:35 am |
  7. Beth

    Hmm. . . so many issues and it would take commissions, new government entity for oversight and Transparency, that means hiring people that had been thoroughly Vetted,
    (they could not have participated in online gambling), then have contracts with these new employees and their family and friends that they would not gamble online while employed. Have an oversight committee to monitor the program, and a specific set of rules of “engagement,” meaning being able to control only people over 18 years can participate, funds must be verified prior to gambling, monitor the limits to these financial resources (this could be the easiest by people by prepaid cards) maybe special cards that could only be bought at let’s say a . . . . liquor store. Yea, now that I think about it that takes care of two of the issues. Lastly, a percentage of the taxes collected would fund the treatment of gabbling addiction.

    If these issues could be addressed and there’s tax money that could be made, then I would support it, even though I don’t or wouldn’t gamble

    Beth
    Albany, OR

    May 6, 2009 at 11:45 am |
  8. kristen

    Hot glasses Don!!

    May 6, 2009 at 12:56 pm |
  9. cindy

    Gambling should be legalized and taxed at a high rate as with cigarettes. Then only those with these addictions will have to pay for them.

    May 6, 2009 at 12:57 pm |
  10. sylvia busey

    it should be legal and tax it and one way or the other i will continue to play. i have played on-line for many years and i do just fine.

    May 6, 2009 at 12:58 pm |
  11. Don Wilson

    Please ... the government does not need to be telling us if we can gamble online or not. Don't they have enough to worry about where they don't need to be regulating my personal finances? People that can't control gambling urges will be in Vegas or Indian Casinos anyway!

    May 6, 2009 at 12:58 pm |
  12. David

    Yes internet gambling it is a good idea. It's a great way to create money for the government without puting more preasure on the tax payer.

    May 6, 2009 at 12:59 pm |
  13. Renia Jones

    I think it should be legal, it is a personal right that was violated when they enacted the previous law. Many of the online casinos are afraid to allow americans to sign up for their casinos and I feel discriminated by them. It is a personal choice and if I have the fund and will, I should be allowed to participate in my own guilty pleasure.

    That's my opinion.

    May 6, 2009 at 1:00 pm |
  14. lynette

    Legalized gambling online? Only if there is a sin tax to go along with it.

    May 6, 2009 at 1:00 pm |
  15. Jadeye

    As if we are not taxed enough...every which way possible to bury americans, this politicians will do, just because they make millions of their own from all sorts of transactions. I say, why dont we raise the taxes of every politicians in Wshington to 50%, I wonder how these politicos will react.

    May 6, 2009 at 1:00 pm |
  16. Franky

    Yeah!!!!!!! Josh...you're a genius!! Freaking genius!!!

    You know how long I've waiting for this? It all started when I wrote to my representative, I was playing Ping Pong at Ding Dang, I...na'h, I'm playing, LOL!! But for real, I wrote to my representative and that was about maybe 2 years ago and is the same thing as this now...

    And for the record, it was the most polite, respectful AND responsible letter...it was the only e-mail i wrote to him but hey, it was different in those times, LOL!! I was starting out...

    Hey Josh, tell Congress they owe us, they owe us and they know it...but we doubt they'll hook it up, LOL!!!

    You owe us Congress, you owe us baby...LOL!!! Na'h, I'm playing, don't really like our chances...hey, all we're saying let us be legit, that's all we're saying...or we'll more to Montana, LOL!! I actually wanna visit there to tell you the truth...

    May 6, 2009 at 1:02 pm |
  17. Gary Bankson

    Legalize gambling? Why don't we just legalize marijuana and tax it!
    Think about it, Its relevant....

    May 6, 2009 at 1:02 pm |
  18. Kim Bracken

    I am worried about this country ... reading "Steve's" comments about his brother-in-law, he would impose laws on me because his brother-in-law is an idiot. What kind of country are we heading for? Steve, if we base your rights in life based on stupid things people do, you would be locked in your home!

    May 6, 2009 at 1:02 pm |
  19. leyla W.

    I feel it should be made legal on the basis that it DOES invade ones privacy. As long as the person who is gambling is not underage, and the rules are followed, there is no reason to outlaw it. Privacy is provacy no matter how you want to word it.

    May 6, 2009 at 1:03 pm |
  20. Midge

    Terrible idea. Too many people, already struggling , would be able to access online gambling. Those unable to restrain their gambling could put them into a situation worse than before. ANY WAY TO GET MORE TAXES FROM SOME OF THOSE LEAST ABLE TO AFFORD THEM, just like the cigarettes.

    May 6, 2009 at 1:03 pm |
  21. stan

    All online sites have deposit limits. Last time I checked the state lottery has no limit on the money I can spend on scratch tickets.

    Online sites all have links to help for problem gamblers. When was the last time a casino had problem gambling help information at the front door.

    Online gambling sites allow you to play at much lower levels than brick and mortar casinos. This whole argument is about lawmakers and campaign contributions. Indian casinos pay them to protect their high risk games with no limits on the amount joe sixpack can spend in one sitting.

    If there was a "moral" side to this argument, it would be squarely in favor of regulated and licensed internet gambling.

    May 6, 2009 at 1:03 pm |
  22. Ross Wolf

    Could Your Home Become an Online Casino You Can’t Leave?

    I live in Nevada. The only reason many people don’t lose “everything” gambling is because they can leave the Casino. With legalized online gambling piped into home computers, players won’t be able to leave. Every home will have the potential of becoming a 24/7 Casino. While Rep. Frank touts the taxes government will collect on gambling, there is no mention government might have to spend more than collected on social costs cause by increased gambling. Rep. Frank’s bill appears to represent the best interests of online casino owners and not Americans.

    May 6, 2009 at 1:03 pm |
  23. richard meyer

    The problem i see is their is so much idenity theif with credit card theif that you might get your statement and find hundreds and thousands of gambling debit you never made and still be required to pay. is their a SECURE way to make positive that the funds do belng to whom they say they are. scares my credit limit !!!!!!!?

    May 6, 2009 at 1:04 pm |
  24. Don Fill

    Gambling is going on in the US anyway, casinos, racetracks, lottos, poker rooms. But selectively internet gambling and sportsbetting are illegal. Internet gaming still goes on and the monies leave the US, to Antigua, Aruba, and other off shore sites. Las Vegas should be running it and keeping the revenue in the US. Looking at previous history, anything you prohibit you can't control, ie. prohibition.

    May 6, 2009 at 1:05 pm |
  25. jerry

    I believe online gambling was made illegal when the last administration squeezed it in on the tail end of another bill completely unrelated to gambling?

    Many drugs are both legal and illegal do Americans have problems with them?

    Why don't we just illegalize Americans who are too stupid to take responsibility for their own actions and try and bring a bit of logic back to law?

    May 6, 2009 at 1:05 pm |
  26. Craig Miller

    Laws agains pot "interfere with my personal freedom." I guess using the same logic as the gambling crowd we should allow that too ?

    May 6, 2009 at 1:08 pm |
  27. Fezal

    Gambling in general whether internet or in real life, carries a stigma indicating path of destruction. In fact, any comment ex: gambling causes an increase of suicides, would make sense. However, that is not true.

    There are indeed those that are not able to properly handle themselves and play in moderation, much like other legal entities ex: alcohol. Like other legal vices, we must trust that most people can control themselves and have a strong will when properly educated.

    IMHO, I believe the government did not readily legalize gambling like it did to its real estate casinos simply because it lacked and still lacks proper expertise, manpower and know-how to be able to institute proper accounting measures to collect revenue and thus, implement taxation.

    May 6, 2009 at 1:08 pm |
  28. Jonathan

    It is the responsibility of individuals to manage their own lives and make their own decisions, this is just as true of gambling as it is of smoking, drinking, choice of sexual partners, or anything other decision we choose to make.

    Anyone that wishes to gamble with their own money should be allowed, and no individuals personal morality or experiences should weigh enough to take away the rights of others. Just because you know someone who lost money gambling and ruined their life doesn't give you the right to take that enjoyable experience away from everyone.

    How about we go back to an era of personal responsibility where we let people make their own decisions and deal with their own consequences.

    May 6, 2009 at 1:09 pm |
  29. Kristen

    It's my impression that online gambling isn't actually illegal in most states, but the Bush administration made it illegal for Banks and financial couriers such as money wiring companies to knowingly fund accounts at internet gambling sites for American customers. This is not only a strain on the banks but is interfering with American's privacy and right to spend their own money! Not to mention the lost revenue to all the over seas sites that are currently operating and have found ways to work around the laws.

    May 6, 2009 at 1:10 pm |
  30. Nathan

    America is the land of the free, correct?

    If this is the case, then our government should not have the power to tell us what we can and can't do with our own money.

    If I want to play poker on the internet in the privacy of my own home, then I should be allowed to do that without my government looking over my shoulder. The only countries that are not allowed to play poker online are places like Iran, Iraq, North Korea, etc. Do we really want to be lumped in with this group? There are people from China playing online poker for goodness sake.

    Let's keep our land free and keep our financial decisions out of our government's hands. I can look after myself TYVM.

    May 6, 2009 at 1:13 pm |
  31. Josh

    Great job Barney!. It's time for online poker to be legal in the US of A. It creates jobs, and the taxes that it would generate would help the US.

    May 6, 2009 at 1:13 pm |
  32. Stan Maxwell

    Online gambling would bring billions in extra tax revenue back to the U.S. at at time when we need it the most! Millions of Americans play online poker, which isn't illegal, but the previous UIGEA bill made banks unable to process transactions, and as a result, we lost billions of American dollars overseas. The country will continue to gamble online, let's keep that money here!!!

    May 6, 2009 at 1:13 pm |
  33. Jack

    Of course it should be legalized. Rep. Frank is also pro decriminalizing marijuana use and, though I personally don't do either, I support that endeavor as well. Both offer potential sources of revenue. Ironic how the self-righteous folks on the right are angry about the government spending their money, but have no quelms about letting them take away individual freedoms.

    May 6, 2009 at 1:21 pm |
  34. Wali Wruble

    America is supposed to be the land of freedom. With freedom comes responsibility, meaning we're not going to hold your hands and tell you how to live. Gambling has been with us since the conception of our country, and it will be here till our fall. Freedom is going to be abused by some, and others will hurt themselves due to that freedom, but America gets closer to its original idea every time we gain more freedom.

    Gambling and alcohol share the "Abused by some, hurts others", but we all saw what happened when it was taken away. These things don't accomplish anything productive, but for the vast majority of people, it helps them get through the rough patches, or exhaust themselves of boredom.

    May 6, 2009 at 1:24 pm |
  35. Jerry Rivard

    Steve Dougherty: I'm sorry that your irresponsible brother-in-law didn't take better care of his and your sister's money, but please pay attention: EXISTING LAW DID NOT STOP HIM. How will NOT legalizing and regulating this industry prevent similar tragedies in the future?
    The fact that some people cannot control themselves does not justify making criminals of those of us who can. I play $5.50 texas holdem tournaments online, which I guess is technically illegal. But it's perfectly legal for me to drive an hour to Foxwoods (great for the environment, right?) and play $120 tournaments (higher cost & higher fee because they need to pay for a physical space and a dealer). If this isn't stupid, I don't know what is. Gambling within my means without leaving my home is illegal, but irresponsible gambling is allowed.
    Apparently, Big Brother isn't playing with a full deck.

    Jerry
    CT

    May 6, 2009 at 1:28 pm |
  36. John Freeman

    Where does everyone get the notion that they have the authority to control others? The people who cannot handle the responsibility of their freedom shouldn't be used as justification to punish those who can. Most people here seem to think they know what is best for everyone else. How about this advice – mind your own business! We don't elect governments to be our parents – we elect them to protect our freedoms!

    May 6, 2009 at 1:31 pm |
  37. Dennis

    This legislation is long overdue and hopefully will pass. Online gambling is a multi-billion dollar industry and it is time for the U.S. to allow for safe gambling for it's citizens as well as profit from the tax revenue.

    Legalization and regulation will allow for much stricter control to prevent underage players from gambling. Also, it will create a much better way to help with the very small percentage of people that are problem gamblers, allowing all sites to work together to help these people.

    The government will be able to gain tax revenue from the online sites, which are currently based overseas and paying nothing to the U.S. I think we all know how much the government could use this money at this time.

    May 6, 2009 at 1:34 pm |
  38. Mitch

    This is great news! This is definitely a smart decision by the government. They can finally see revenue from an industry that already exists with several major companies on the UK stock exchange already following very stringent guidelines.

    Kudos to Barney Frank for introducing this bill.

    May 6, 2009 at 1:38 pm |
  39. sseed13

    Having access to internet gambling, instead of having to drive to an out of the way casino, may promote addictive gambling behavior. How many jobs will internet gambling provide?

    May 6, 2009 at 1:39 pm |
  40. Jason

    Gamblers are already gamble on the internet. There are many sites that American's can use to gamble, from the skill game of poker, to sports, to betting on who will win American Idol. This bill will regulate it so that those who choose to gamble will have a safe and regulated environment in which to do so. Voting against this bill will do nothing to stop internet gambling, and will at least attempt to keep problem gamblers away from doing so.

    The argument by many opponents of online gambling is, "It's bad because it's unregulated, so we shouldn't regulate it!" Does that make sense?

    May 6, 2009 at 1:40 pm |
  41. sseed13

    Should we have a national lottery to pay off the national debt, use for education , green techs, health care, and scientific/medical research?

    May 6, 2009 at 1:44 pm |
  42. Don

    I am a quadriplegic and I enjoy a good Texas Hold'em tourney now and again. Getting to a casino is not as easy for me as it is for others. So yes, legalize online gambling. People that can't control their gambling habits will always find to rid themselves of their finances!

    Don Central CA

    May 6, 2009 at 1:53 pm |
  43. Don

    I am a quadriplegic and I enjoy a good Texas Hold'em tourney now and again. Getting to a casino is not as easy for me as it is for others. So yes, legalize online gambling. People that can't control their gambling habits will always find a way to rid themselves of their finances!

    Don
    Selma CA

    May 6, 2009 at 2:03 pm |
  44. robert m. pesick

    People are going to gamble weither it's legal or illegal. Why not legalize it so that the internet gaming sites are regulated and controlled. Additionally, the USA would benefit financially. In that way my gaming losses will help support all of our illegal aliens and all of the other freeloaders!

    May 6, 2009 at 2:06 pm |
  45. Mike

    Do you think kids can get on the internet with out a credit card they must be 18 years old or have a cosigner by parents. They are limited to 500 for younger people I think.

    May 6, 2009 at 2:08 pm |
  46. Aaron Wilt

    Regulating and legalizing online gambling is the best bet for the interests of all parties involved. The government gets needed tax revenue, the gambling sites can get out of the grey area providing services to the USA and the player can feel confident that the integrity of the games are no different than a brick and mortar casino.

    May 6, 2009 at 2:29 pm |
  47. Brian

    Thanks for that info Steve. However the problem with your comment is that if someone wants to gamble or has a problem, they will find a way regardless if it's online poker or not. ie, go down to the convenient store and by lotto tickets!

    Online poker isn't going away so it might as well be regulated. The EU have a system for this and it's not like this is anything new.

    May 6, 2009 at 2:32 pm |
  48. BillBoulware

    Dear Mr. Frank: I have been in agreement with most of your ideas and logic. Your views on internet gambling are wrong. This country has fallen upon hard and perilous times because we've lost our moral and Trust in GOD. We now Trust in Idol gods(money) and nothing else. Being rich means more than being right. Internet gambling will only make the rich richer, the poor, poorer. The past has shown us that the wealthy provide gambling opportunities to take from the poor(masses) to increase their greedy needs. This is just another scheme to keep the poor in place, and in debt. BRB

    May 6, 2009 at 2:33 pm |
  49. BillBoulware

    Public outraged at not seeing low flying plane: A couple of weeks ago the public was outraged over the low flying plane in New York city. Rightly so. Some people (mostly Republicans) were hoping for negative results against our President Barack Obama. The President explained the error in judgement of the photo shoot,and apologized for the mistake in common sense. Now the public ? is outraged that the photos are'nt being shown! Sometimes I think we're all nuts. BRB

    May 6, 2009 at 2:48 pm |
  50. Sean G

    I'm in support of allowing games of skill (poker, chess, etc) to be played online for money if the industry is regulated to prevent hacking and cheating. If that can happen instead of the "juice" flowing off-shore we can keep it here which would be a much needed stream of revenue for the government.

    May 6, 2009 at 2:53 pm |
  51. BeaniePoker

    People look at online gambling in the wrong context. If you go to a casino they will take your bet under virtually any condition.

    Under a regulated environment there are a number of barriers to entry. For one you need to have a computer, you need to have a means to deposit and typically those deposits are limited.

    The internet is the perfect environment to measure compulsive behavior and this bill addressed that explicitly.

    You keep your government intervention I'll keep my freedoms.

    May 6, 2009 at 2:59 pm |
  52. Alex

    We have plenty of casino's, card rooms, horse tracks, lotteries, etc across the US....there is absolutely no reason not to allow online gaming. The recent movement in MN to ban ISP's from allowing gaming sites is ridiculous. Out of one side of their mouth they say it hurts local casino's "business" and out of the other side they say online gaming is destructive and people can lose too much money. So if I understand correctly...it's ok to gamble away my life savings in MN...as long as I do it a local casino and not online. The government shouldn't be responsible for protecting people from themselves...there are people with alcohol addiction or food addiction....would it be reasonable if the government passed laws that prevented everyone from ordering food or alcohol over the internet? The government should only be responsible for making sure online gaming is legitimate and people are properly paying taxes on their gains. Why is America so afraid of individual responsibility?

    May 6, 2009 at 3:01 pm |
  53. rtbtat

    How can anyone be opposed to something that is a form of entertainment for adults and is 100% voluntary? This will give US companies a chance to make money and hire thousands of people. We need a spike in our economy and every little bit helps.

    I hate the argument against this proposal which claims some people will become addicted and therefore, everyone else should be prevented from playing. What about the rights of responsible adults? Should we be penalized because a small percentage of people cannot control themselves? Besides, those irresponsible individuals people are already gambling on lotteries, horse racing, and every other form of gambling one could possibly imagine.

    May 6, 2009 at 3:11 pm |
  54. Jim

    Regarding Mr. Dougherty's comment about compulsive gamblers. I'm sorry to hear about your brother in law but how many people are sever alcoholics that destroy their lives as well as their families, should we ban the sale of alcohol because some people can not handle it? How many people are killed due to accident's with guns in their homes, should we ban guns (the NRA would love that) of course not. Is it really fair to punish people because a small percent of people have problems? Bottom line is the people who want to gamble are going to gamble whether it be online or at a brick and mortar casino.

    We have at least 25 states that have casinos, practically every state has a lottery, countless number of bingo halls and horse tracks. But somehow it would be a problem if I wanted to gamble in the comfort of my living room?

    For people worried about having people underage gambling online, well sure that could happen but as far as I'm concerned that is up to their parents to monitor. A child can go online now and make purchases using their parents credit card at pretty much all retail web sites, should we ban e-commerce because of that, or should the parents take responsibility for their child's actions?

    May 6, 2009 at 3:14 pm |
  55. TecmoSuperBowl

    I'm not trying to be mean, but Steve Dougherty – your reasoning is moronically flawed. Your brother-in-law's terminal illness should not determine the legality of anything. What you are proposing is for the government to play the role of mommy and daddy for everybody out there who is either too stupid, or in your case, unfortunately has a mental illness. Should TV and movies and video games be banned because your nephew is epileptic? Should cats be banned because your mom is allergic? People who have gambling problems will find a way to gamble. Do not prevent responsible Americans from enjoying the freedoms we are entitled to by living in this great country just because a segment of the population cannot handle it. The role of our federal government is not to parent it's population. If you or a family member needs supervision to prevent them from gambling away their money, that is a personal problem, not a federal problem.

    May 6, 2009 at 3:15 pm |
  56. Brent

    What Steve Dougherty is saying is that he alone gets to choose whether the rest of us can do, whether it is online gaming or any other activity. Many people are compulsive drinkers, but I can drink responsibly.

    The rate of addiction is relatively constant, and low (under 0.6% as reported by the British government in 2007 for gambling), for compulsive behaviors, whether they are manifest in gambling, drinking, eating, sex or drugs. Compare that to the 20% of the population that smokes cigarettes.

    Furthermore, poker is a skill game and should not be lumped into the debate on gambling.

    May 6, 2009 at 3:23 pm |
  57. Josh

    Gambling is a recreation that millions of Americans take part in and enjoy responsibly. Just because many others have a problem with it is not a reason for the govenment to tell everyone they can not do it. If we're really going to protect people from their own decisions and compulsions, let's also ban credit cards, television watching, web-surfing, fast food, alcohol, cigarettes, shoe-shopping, and video games. Come on, having the right regulations can be simple and protect some of those with a problem while not infringing on the rest of us.

    May 6, 2009 at 3:25 pm |
  58. John

    Bottom Line: Offshore companies will still offer online gambling and Americans will still gamble online, regardless of what happens with this bill. It is just attempting to let hard working Americans do what they want with their own money, and let that money circulate within the U.S. economy, and not continue to send billions of dollars overseas.

    May 6, 2009 at 3:37 pm |
  59. rtbtat

    Any time the government tries to impose morality, it turns into a failure. The best example is Prohibition, which didn't stop anyone from drinking, but made hundreds of billions for organized crime.

    Americans, like most people, love to gamble. That's one of several reasons why Vegas is the number one tourist destination in the country. In addition, there's no state income tax in Nevada. How would you like to live in a state where's there's no state income tax?

    I'm also amazed by the hypocrisy of our laws. It's OK to buy unlimited number of state lottery tickets, bet all you want on horses, and in many states, pour money into slot machines. For example, in PA and WV, one can legally throw away money on slot machines, but playing games of chance such as roulette and black jack are illegal. Who devised that moronic set of laws?

    Since millions of Americans enjoy gambling, and it's a great form of entertainment, we should legalize the activity and regulate something that's going on every day. Let's learn from the mistakes of prohibition, keep gambling honest and open, while bringing in tax revenues that will benefit everyone.

    May 6, 2009 at 3:47 pm |
  60. Jim

    "richard meyer May 6th, 2009 1:04 pm ET

    The problem i see is their is so much idenity theif with credit card theif that you might get your statement and find hundreds and thousands of gambling debit you never made and still be required to pay. is their a SECURE way to make positive that the funds do belng to whom they say they are. scares my credit limit !!!!!!!?"

    Is their a way to prevent identity theft with anything? Hate to tell you but you can get your statement and find thousands of dollars of purchases made via ebay. So lets ban credit cards while we are at it.

    May 6, 2009 at 3:59 pm |
  61. Jim

    "Ross Wolf May 6th, 2009 1:03 pm ET

    Could Your Home Become an Online Casino You Can’t Leave?

    I live in Nevada. The only reason many people don’t lose “everything” gambling is because they can leave the Casino. With legalized online gambling piped into home computers, players won’t be able to leave. Every home will have the potential of becoming a 24/7 Casino. While Rep. Frank touts the taxes government will collect on gambling, there is no mention government might have to spend more than collected on social costs cause by increased gambling. Rep. Frank’s bill appears to represent the best interests of online casino owners and not Americans."

    I would imagine the reason many people don't lose everything that live in Vegas or anywhere else near a casino may have more to do with them being responsible adults rather then their ability to leave the casino.

    You do realize that people are already gambling on the internet, show me proof that it has lead to an increase in gambling?

    May 6, 2009 at 4:04 pm |
  62. outofmygrind

    Religious irrationality has run its course. It's a passing fad. However I applaud all your work in trying to save me from my online game of skill playing self, that takes real heart because I am stubborn.

    As for government, remove state lotteries and then I won't lose respect for you for demonizing online poker, I mean 'gambling'. Where is your follow through.

    May 6, 2009 at 4:06 pm |
  63. Aaron

    It's about time we have regulation! Prohibition didn't work for alcohol, and it won't work for online gambling.

    May 6, 2009 at 4:07 pm |
  64. paul

    in response to steves comment:
    "I do not think that online gambling should be endorsed or legal. many people are compulsive gamblers and cannot mange their money and their familys finances. i have experienced a brother in law that had a terminal illness but continued to gamble online. The consequenses of his compulsion were financial ruin to my sister. She lost her home, car and and numerous credit cards were maxed out and many she did not even know they had. Upon his death she realized all of this financial disaster and was forced into bankruptcy."

    im sorry to hear about your sister/brother in laws situation but this exactly why there SHOULD be legislation for online gambling. these sites can very easily identify problem gamblers and feeze their accounts. by implementing this legislation all american companies will have to enforce these regulations. when a problem gambler is identified he will also not be able to sign up at any online gambling site from being blacklisted. its too bad this legislation wasnt already in before it could have saved your sisters finances and kept your brother in law and other problem gamblers like him from playing online. on the other hand there are many other americans who value there freedoms and should not be penalized because of problem gamblers.

    May 6, 2009 at 4:42 pm |
  65. Brian

    To Clarrify:

    -Online poker is NOT illegal to play in the United States except for a couple of states.

    -And yes, this isn't going away. Either regulate or turn your back and don't say a word because you missed your opportunity. Yes I'm talking to you US Gov.

    -Online poker is here to stay whether you want it here or not.

    To the individuals who oppose:

    I will play regardless.

    Thank you very much.

    May 6, 2009 at 4:46 pm |
  66. Bill

    The government needs to get out of my living room and off my computer. I personally hate Americans who want to stop me from a hobby I enjoy because they don't like me doing it. If more Americans knew basic math they might not fear this unknown.

    May 6, 2009 at 4:50 pm |
  67. Kevin

    People gamble on the internet whether it is legal or illegal. Making it legal will help protect players.

    May 6, 2009 at 6:47 pm |
  68. Steve

    Why does the question here ask should people be allowed to "risk it all"?? Should online shopping be banned because a person may "spend it all"?

    Don't eliminate people's freedom because of some possible worst case scenario by a few individuals who cannot control their behavior. You have to let people be responsible for their own lives.

    May 6, 2009 at 6:48 pm |
  69. jb

    How have we ever come to legalize something as unobtrusive and harmless as online gambling, how on earth has the hand gotten this big... weed too for that matter, just let people be, thats what founders want,

    May 6, 2009 at 7:05 pm |
  70. Ellis

    It's amazing, Republicans want small government until they're in office, then they want to tell people what to do and how to live your life.

    UIGEA was a bad bill, snuck in by corrupt politicians and backed by religious fanatics. Repeal UIGEA, and tax/regulate online gambling.

    May 6, 2009 at 7:59 pm |
  71. onlinepokerpromagazine

    Josh, I do agree with you, If at all they want to ban the illegal things let them ban all illegal activities not only gambling or Poker.

    May 7, 2009 at 2:07 am |
  72. bettingarticles

    Yeah, there are lots of illegal things, and why Gov. are not paying attentions to that? Is it because Gov. afraid of online gambling due to the fact of Casinos will go down? or maybe something else?

    May 10, 2009 at 11:41 pm |
  73. sumit

    The best way is to make online poker legal is to tax when someone wins more than a specified amount (eg: $5000) a year in winnings.
    Most tournaments are anyway pretty competitive and involve strategy.
    If the government wants to regulate online poker, it will create more jobs. There are anyway people suffering a lot because of unemployment.
    The idea is to have a better way to manage things rather than make things illegal just because it is hard to regulate or that the state or federal govt does not profit. It will not hamper casinos as people who play in casinos will still play poker in casinos. If casinos are legal then why not online poker.

    July 16, 2009 at 10:29 pm |
  74. AwesomeAshley

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    November 3, 2009 at 5:45 pm |