Regulations Needed to Stop Criminals at Online Casinos in the USA

Published on April 24, 2014 by Susan Torres

A new report by McAffee security firm released on Thursday revealed that cash laundering and bribes at online casino and poker sites don't seem to be only highly probable, however the activities are now happening right now.

A bribe, for instance, might work by a 'donor' playing a poker game heads up against a public official and intentionally losing in order that the general public official earns the winnings and will cash out.

Less of this sort of activity is seen in countries with regulated casino games, just like the UK, where gambling scams are at an all-time low, in step with Jeffrey Maxwell, analyst for the united kingdom gaming industry.

"Because gambling at internet casinos is legal and controlled within the UK we will catch criminals and prosecute them with the assistance of the web gambling companies," said Maxwell.

"Instead of fighting against the operators, who're just seeking to run a fair business, the federal government works with them to thwart criminal activity," Maxwell suggested.

When a 'player,' or 'punter,' as they're called within the UK, shows irregular activity of their account, the operator investigates the location and if that activity is deemed suspicious enough it's reported to the gaming commission. This deters criminals and bounds the criminal activity, consistent with Maxwell.

"Criminals really avoid the sites that run in regulated territories and instead head to the united states where online gambling remains to be in a grey area, where there are not any federal regulations.

"What the united states government seems not to realize is if they would like to do away with criminal activity, banning online casinos isn't the approach to do it," Maxwell said. "THE WEB gambling operators are friendly business people. It's the punters that may be criminal, and without the collusion between the gaming companies and the federal government the illegal activity will continue to proliferate in America."

Read More... [Source: Gambling News]