Monday, September 11, 2006

Online bets firm boss held in U.S.

The article, Online bets firm boss held in U.S., appears in the CNN news. It reports U.S. authority arrested Peter Dicks, who is the chairman of Sportingbet Plc, which is a big online gambling game company. Two months ago, the U.S. authority also arrested David Carruthers, who is the CEO of BETonSPORTS. The action the U.S. took causes decrease in stocks of online gaming companies. After all, Sportingbet Plc is closing the business in U.S..

In my opinion, although gambling is going to incur many societal problems, it is impossible to remove it by any kind of authority. Gambling is a sort of popular activity from very long-long time ago. Many political powers tried to take control on it, but never succeeded. Meanwhile, gambling is a lure for every degree of people, even in a traditional way. Now, because of the development of internet, the investors are from whole of the world and increase a huge amount. The money involved is incredible. Thus, I am wondering that the blockage from U.S. will effectively resist the new type of gambling in America.

by Bi-Chien

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