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Online Gambling Included in Americas 5 Dumbest Bans
Interesting weekend reading came from the Hawaii Reporter which took an op-ed look at the five dumbest bans perpetrated by the US government - one of them involving online gambling.
Commenting that what the free market gives, governments too frequently take away, the newspaper used four criteria on which to base its assessment:
• No one can present a strong case for marginal social harm from the product or service banned. Consumer choice alone is good enough reason to oppose product bans, but that aside, the bans included herein cannot be argued for on even the most tenuous utilitarian grounds.
• The product should provide benefits to the general public. It should be something that almost anybody might have a theoretical interest in using.
• A government must have actually enforced the ban within the recent past. Many amusingly archaic laws remain on the books but go unenforced—but not all.
• The law in question must be statewide or national in scope. The larger the jurisdiction, the greater the harm it can cause when it bans a product. National and state bans are extremely difficult to circumvent, local bans much less so.
The Hawaii Reporter goes on to deliver its assessment, naming a ban on the use of the cancer drug Provenge; the prohibition in the states of Louisiana, South Carolina, Virginia, and Oklahoma on buying a coffin from an unlicensed dealer; the Louisiana ban on selling a flower arrangement is not a licensed florist and the Texas and nationwide ban on selling horsemeat.
Second on the list was the national restraints on Internet gambling in the United States, about which the article commented:
"Americans like to gamble. As of 2008, 48 states had legal gambling in some form, and today 38 allow the operation of casinos, slot parlors, or card rooms.6
"Nearly all Americans approve of the activity—around 90 percent in one recent poll. However, a 2006 federal law, the Unlawful Internet Gambling Enforcement Act (UIGEA), places absurd restrictions on banks in an attempt to outlaw Internet gambling.
"The law, which the Bush administration attempted to implement through a “midnight” rulemaking effort in its waning days, essentially bars banks from engaging in or facilitating transactions to transfer money to online gambling providers outside of the United States.
"The absurdity of trying to curb gambling aside, UIGEA will adversely affect activities which do not constitute gambling at all, imposing tremendous costs on the rest of the economy. The regulations will impose a sizeable burden on the already struggling banking sector. The cost, the Treasury, Office of Management and Budget, and Federal Reserve agree—will come in upwards of $100 million a year."
The history of the newpaper's annual look at legislative absurdity has included some goodies in the past:
A Virginia ban on sangria
Several state bans on sex toys
A ban on the CardioPump
A ban on selling bottled water in Toronto.
The article concludes:
"This catalog of absurd product bans may seem amusing, but any clearly absurd product ban can have serious negative consequences for freedom and consumer welfare. Nobody can legitimately contend that a society that retracted all of the product bans discussed above would find itself less safe, secure, or moral. These bans simply intrude on the freedom of individuals to live their lives as they please. While the freedom to drink bottled water, buy wildflowers a child has picked, or play cards online might appear inconsequential in the grand context of economic and personal liberty, the sheer absurdity of these product bans makes them all the more insidious. In total, they add to a litany of such laws that, quite simply, ought to go."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
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.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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