Internet Gambling Research Briefing
| Prepared by: |
|
|
Debbie Bilman |
|
Jeremy Clifford |
|
Rich Lew |
|
Felicia Lo |
|
Ellen Sandler |
|
|
| Date: |
March 19, 1998 |
Abstract
During the last several decades, the United States (U.S.) gambling industry
has boomed into a huge, money-making industry. With the recent explosion
of the Web, Internet applications of all types have proliferated with such
speed that regulators and the public at large have hardly had time to react.
One of the most controversial and arguably most impacting developments
has been the Internet gambling market. With over 160 casino websites
already on-line, an increasing number of budding entrepreneurs are investing
a few hundreds of thousands of dollars in anticipation of easy and unlimited
returns. While a few are taking their chances in the United States,
most are seeking the relatively unregulated environs of off-shore locations,
such as Antigua and Belize, to avoid the legislative dangers looming in
the U.S. Key issues surrounding Internet gambling have now only begun
to surface and be addressed. One of these issues is the basic question
of whether the government should regulate on-line gambling at all.
More specifically, analogous to the different stances various states have
taken towards the legalization of gambling, should and how can interstate
gambling be controlled? And even more far reaching, should electronic commerce
and the traffic over the Internet be regulated, and, if so, how? While
regulators and public interest groups, such as the World Wide Web Consortium,
are grappling with some of these issues today, there appears to be no easy
answer. Until these larger, more philosophical questions are openly
debated and addressed, Internet gambling will only be one more source of
potential confusion and controversy for Internet users and regulators around
the globe.
Table of Contents
15.963 Class Web Site
Internet
Gambling Information
Directories of On-Line
Casinos
If you have comments or suggestions, email me at jcliffor@mit.edu