April 9 - A cheapskate attack was launched by a land based casino supplier on
the online gambling industry. The advertisement appeared in the Wall Street
Journal and was just in time for last week's congressional hearings on the
current Unlawful Internet Gambling Enforcement Act (UIGEA).
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The ad / press release was a full page spread in the Wall Street Journal and
is titled "Who Will Face the Issues". It was sponsored by Derek Webb, founder of
Las Vegas-based Prime Table Games. The same ad was previously used in other
anti-online gaming campaigns in various publications.
The impact on the online gambling industry and all its sub-industries has
been quite far reaching since the introduction of UIGEA in late 2006. The
purpose of UIGEA is to block financial transactions for gambling, but banks have
been complaining about the difficulties involved in enforcement of this law, to
such an extent that some have labeled the law as ambiguous and that other
e-Commerce transactions will be affected if it is implemented.
Apparently the ad plays on all the typical perceived problems involving
online gambling such as fraud, consumer protection and protection, taxation and
intellectual property to name a few.
"Online gambling has great potential for abuse," Webb says in the press
release. "Site operators also should pay fees towards problem gambling treatment
and research." Well Mr. Web, maybe you should have done some research and you
will discover that many site operators do. Highlighting the problems involved in
online gambling is no longer of use to anyone. Coming up with ideas of how to
combat them is a little more innovative.
Industry observer see this kind of attack as an indication of the fears that
some land based operators have of the impact that online gambling could have on
their business, and that fears that people could start gambling at home instead
of the casino could become more of a reality.
Editor: This is clearly a publicity stunt. There is basically nothing other
than this press release on their website.
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- Full Tilt Poker Announces Next FTOPS Mega Tournament Series - 04-11-08
- Poker Stars Still The Dominant Online Poker Site - 04-10-08
- Champions League Football Betting Update - 04-08-08
- Break Da Bank Again At Microgaming Casinos - 04-07-08
- NCAA Championship Final Could Be A Betting Classic - 04-06-08
- New Road Rally Online Casino Promotion Launches - 04-05-08
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