Which is the Bad Guy?
As the US's Unlawful Internet Gambling Act takes over the news on finances and the WWW, so many people wonder what the true difference between Internet gambling and e-commerce is.
Let us take two people hanging in their workplaces risking money online, one is violating the legislative norms, at the same time the other one is not. One of these men is a day seller, and in spite of how you look at that fact, this man is risking his funds for the possibility to get back more money. I think that both men use the Internet for the same motive. Nonetheless, the one that is gambling online is at present taking part in a banned industry. Why illegitimate? For the reason that Government of the US doesn't get a cent of the revenues from the the army of online gamblers. The Government only levies tax money from the day online trader.
Daily residents of America lose billions of dollars on dealing with securities, not headquartered in Wall Street offices, but from their family rooms. This type of average people are not professional stock brokers, and they do not have any certificate - anyway they have no legal difficulties to carry on their illegal business.
As a matter of fact, the one single real difference between online commerce and online gaming is the amount of profits the US Government makes out of the businesses: Internet commerce = immense income; Online Gambling = not a single cent and lots of online casino bonuses for gamblers. We often hear that the US Congress passed the anti-gambling online ban for the same reason that they are not profiting from millions of dollars spent daily.
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