Gambling in Casinos is Legal so Why is it Illegal on the Internet?

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Recently the United States government has passed a law making it illegal for credit card companies or other such institutions in the United States to make payments over the internet to businesses that are involved in online gambling. The issue to those who made the law regarding online gambling in the United States was so called “morality” which of course is arbitrary and if one looks at things from a purely logical point of view should never be used as a basis for law. Why should it be less moral for a person to win or loose money in gambling on the internet then it is on “Wall Street”? This being a place were even larger sums of money are won and lost. If we lend some thought to the matter; is “investing” money on the stock market not a form of gambling as one is never sure one will profit or not unless one has inside information which is even illegal. Naturally I am aware that there are those who will say that on the stock market money is neither won nor loss but simply changes hands well is it not the same case with online gambling and in this argument, let it not slip our minds that investing (or gambling) on the stock market may also be done on the internet.

If we look at the issue from an even broader perceptive is not gambling on the internet less harmful on the whole then investing or gambling on the stock market? The reason the United States congress has seen fit to declare gambling on the internet as illegal is based upon “morality”. This making it abundantly clear that with a law forbidding gambling on the internet on supposedly moral grounds then American casinos would no longer be loosing out to internet competition. This leaving the road clear for American gambling loses to stay in America as opposed to leaving the country. Naturally since casinos would be making more money because of this law so would the United States government given that casinos would have higher revenues to be taxed which in a time of crisis would not come as unwanted income. This even goes further as when Americans gamble less in casinos and more on the internet they also spend less money on traveling to those casinos, or staying in the hotels which own the casinos. This creating a situation that internet gambling has not only taken profits from American casinos but all those businesses connected to them. Moral grounds being that people loose their money and communities suffers as if the same thing did not occur when the identical activity is carried out in the casinos of Las Vegas or Atlantic City.

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