Which is the Bad Guy?
When the US's Unlawful Internet Gambling Act takes over the news on finance and the WWW, such a great number of people are beginning to wonder what the real difference between Internet gambling and online trading is.
Let us take two people hanging in their offices both risking their money on Internet, one is breaking the law, the other is not. One of these businessmen is a day merchant, and no matter how you look at that, that man is venturing his money for the possibility to have an interest of each transaction. I think I can make a suggestion that both men use the Internet for one and the same cause. Nevertheless, the person gambling online is at present participating in a prohibited business. Why criminal? Since Government of the US doesn't get a single cent of profit from the the army of online gamblers. It only levies tax money from the day online trader.
Each day Americans lose immense sums of money on trading capital issues, which are not headquartered in Wall Street business offices, but from their lounges. That kind of usual men are not professionally trained stock brokers, and hold no certificate - anyway they have no legal blocks to carry on their illegal business.
In reality, the only actual differing feature between e-commerce and online gambling is the amount of money the US Government makes out of the industries: Online trading = lots of money; Gambling on Internet = not a cent and lots of online casino bonus for gamblers. We often hear that the US Congress passed the anti-online gambling ban for the same reason that the country is not getting any revenues of the millions spent each day.
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