Wednesday, June 25, 2008

Poker gems, #135




Jacob Sullum, Senior Editor of "Reason" magazine, concluding a June, 2008, article on the Unlawful Internet Gambling Enforcement Act (UIGEA). I recommend reading the full article, which is available here.



Opponents of online gambling focus on extreme cases and imply they’re typical. A June 2007 hearing on Internet gambling held by the House Financial Services Committee featured testimony by an Ohio minister whose college-age son robbed a bank to pay off the debts he incurred while playing online poker. The research firm Ipsos estimates that 15 million Americans play online poker for money; most of them do not end up robbing banks. According to industry data collected by the Poker Players Alliance, the average online player spends $10 to $20 a week. Players like these are neither winning nor losing large amounts of money; they are mainly having fun, a concept that Bob Goodlatte seems to have trouble comprehending.

Barney Frank, by contrast, gets it. In July 2006, during the congressional debate over the UIGEA, Jim Leach averred that “there is nothing in Internet gambling that adds to the GDP or makes America more competitive in the world.” Frank took exception to Leach’s argument:

“If an adult in this country, with his or her own money, wants to engage in an activity that harms no one, how dare we prohibit it because it doesn’t add to the GDP or it has no macroeconomic benefit? Are we all to take home calculators and, until we have satisfied the gentleman from Iowa that we are being socially useful, we abstain from recreational activities that we choose?…People have said, ‘What is the value of gambling?’ Here is the value: Some human beings enjoy doing it. Shouldn’t that be our principle? If individuals like doing something and they harm no one, we will allow them to do it, even if other people disapprove of what they do.”

2 comments:

Wine Guy said...

I just can't understand why they have such a bug up their asses regarding this? I wonder if they are this concerned with the amount of money people spend for on-line porn? I'm sure that there are people out there that spend more than $10-$20 per week/month on that form of entertainment.

I still think the main reason is because they can't properly tax it, or the lobbies that be for the gambling coalitions (i.e. casinos), want to keep this monopoly to themselves..All in all let people do with their spare, after tax money, what they will.

Lucypher said...

The UIGEA is another manifestation of the persistent erosion of personal liberties we American citizens have suffered under the
misguided leadership of the current administration.