Originally Posted by: Graeme 
I'm opposed to all forms of statutory regulation of gambling. The state is not needed or required to carry out coercive acts that non-gamblers might believe protects gamblers. Common law exists to protect Individuals from theft, fraud etc.
Graeme, I agree with most of what you wrote but not with the part that I quoted. Too many on line casinos have rules written solely to protect the casino, not the player, and others don't even bother with rules -- they simply refuse to pay winners or discuss the matter. When someone who lives thousands of kilometers from such a casino is cheated he generally will not be able to hire a lawyer to get his money.
Yes, Gambling Grumbles will report the dispute but it does not have subpoena power nor can it enforce any decisions. The most we can hope for is that the casino will decide that the bad publicity is more expensive for it than the cost of paying.
There is no need for a monopoly in regulation. Every jurisdiction can set its own laws/rules and players should be allowed to bet wherever they please. If, for example, France were to impose a 5% tax on all wins but have the same strict regulation of on line casinos that Nevada or New Jersey have for their brick and mortar casinos, many players might feel that the tax is a form of insurance that is well worth it to them. Others might not and, instead, simply hope that the Costa Rica casino, which has no real regulation, will pay off.
That is true free choice. Right now, on line players are subject to a consortium of casinos which, while in competition with each other, share many of the same self-protecting rules.
I am yet to make a bet in a brick and mortar casino, win, and have the casino refuse to pay me simply because "our T&Cs give us the right to cancel all winnings if we don't approve of a player's betting pattern" -- yet Gambling Grumbles has gotten numerous complaints in which on line casinos have said just that.
I look forward to the day when there are a number of jurisdictions which regulate gambling and any player, in any country, can decide at which he wants to play.
Edited by user Saturday, September 20, 2014 12:37:31 AM(UTC)
| Reason: Not specified