|The internet is home of the moral panic – pornography, money laundering, and now gambling – if you believe all the hype and sensationalism, much of it thundering forth from politicians who wouldn’t know a mouse from a hole in the ground. In the case of online gambling, it would be foolish to dismiss the dangers – either gambling by minors, or the problem of addictive gambling. But according to Sue Schneider, chairperson of the Interactive Gaming Council, some gambling sites have safeguards.|
Consumer advocate Linda Sherry, quoted recently on TechTV.com, says she wants US Congress to either regulate or ban Internet gambling. According to Sherry, Internet casinos and sportsbooks prey on problem gamblers that would never be allowed into land-based casinos: 'A lot of the embarrassment … of losing is eradicated in this instance, and you just keep going and going and going because you think no one's looking,' Sherry said. 'People are able to gamble their whole life savings, plus every bit of credit they have.'
However, the Interactive Gaming Council’s Sue Schneider says that there is a solution to this: 'What you're finding in some of the licensing jurisdictions is that they're requiring their licensees to have loss limits built into the software, and you really can't change those limits,' said Sue Schneider, chairperson of the Interactive Gaming Council. 'You may say, 'Well, OK, I don't want to spend over $50 a week,' and you can't change those limits in the heat of the action.'