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Sheldon Adelson Gambling Attack Rebutted

Wednesday June 26,2013 : LAND GAMBLING MOGUL'S ATTACK ON INTERNET GAMBLING REBUTTED (Update)
 
Adelson's allegations described as preposterous".
 
Las Vegas Sands owner Sheldon Adelson's attack on internet gambling last week  continues to create ripples as industry figures react to some of his more questionable statements regarding online gambling and its impact on society.
 
How far those ripples have extended is clear from a lengthy article published by ABC News at:
 
http://abcnews.go.com/Business/online-poker-boycott-threatened-adelson-remarks/story?id=19473807&page=2#.Ucm2FGgaI3E in which experts like California attorney Martin D. Owens and Professor Nelson Rose from Whittier  Law School comment, along with Poker Players Alliance director John Pappas.
 
Owens describes the Adelson attack as "preposterous" and characterises it as "...a very belated and unimaginative rear-guard action," pointing out that Internet gambling is already established in the United States, with 32 states sanctioning it for horse betting.
 
Online gambling worldwide is a $30 billion phenomenon, he adds; online poker alone accounts for $15 billion worldwide. Of that total, the U.S. accounts for a little less than half--or about $6 billion.
 
As for why the Internet gaming boom has been accompanied in Europe by a decrease in casino attendance, Owens sees nothing more pernicious at work than a change in gamblers' demographics: Young people now do everything online, including gamble. If the young aren't streaming into brick and mortar casinos, Owens is not surprised: "Nobody drives an Oldsmobile anymore, either."
 
Owens also recalls the important and scientifically conducted Harvard Medical School study on problem gambling, which indicated that the overwhelming majority of online gamers play in a very moderate manner, spending minimal amounts on gaming, giving the lie to one of Adelson's claims that online gambling was more dangerous.
 
That study, collected data in a highly professional manner from around 40,000 - the biggest sampling yet.
 
Poker Players Alliance executive director John Pappas is quoted as regarding Adelson's internet gambling fears as "baseless."
 
"I think he's missed the mark by a wide margin," says Pappas. "The reality is that licensed and regulated internet poker is taking place worldwide and right here in America and right here in his back yard of Nevada.
 
"All of the perceived evils have been addressed through appropriate oversight - greater oversight and regulation than what's available in a brick-and-mortar setting.
 
"Age-verification? Protecting problem gamblers? Those can be addressed on the Internet even better than in one of Mr. Adelson's casinos."
 
Pappas says that online every action by every player can be tracked in real time in what he calls "a regulator's dream."
 
Adelson's referencing of an unidentified European study on online gambling which found it to be a threat is also debunked in the article, which notes that neither Pappas or anybody else contacted by ABC News was able to identify and confirm the study to which Adelson referred.
 
Pappas further argues against Adelson's comments that online gambling is evil and "toxic" by pointing out that almost every other brick and mortar casino [except the Adelson's group] looks at internet gambling as a complementary offering.
 
"Only those who have trouble understanding how to use the Internet would miss the opportunity to bring customers into their casinos via that channel," Pappas opines.
 
There are, the PPA exec claims, great cross-marketing potentials to be realised: letting online players, say, accrue reward points that they then can redeem at terrestrial casinos.
 
The article reports on the widespread anger and criticism within the industry and player communities that Adelson's remarks have triggered, extending even to calls for a boycott against his commercial interests in gambling.
 
Speaking for the PPA, Pappas says: "Nothing's being organized by us; but yes, we've heard, certainly, from plenty of outraged players. The fervor has increased since last week, with some saying they will never play the Venetian again."
 
However, that would likely not hurt Adelson's group, Pappas observes, noting that poker is not a big profit centre for the Adelson interests and never has been.
 
"It's an attraction to bring in a type of customer who will then go on to play the slot machines or the craps table or the sports book," Pappas opines.



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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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