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Part of this has to do with human adaptability. Novelty wears off pretty quickly for most people. But beyond our neurological ability to adapt to new environments and technologies, there may also be a psychological basis for what tempers the seduction of online gambling over the long-term—one that might help to explain my frequent urges to ditch my laptop and rush out to the local poker club.
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Although online gambling is a very competitive business when it comes to player abuse the industry feels so strongly that the online casinos help to protect each other. Specifically negative databases, or blacklists, of players suspected of fraud or abuse are shared among the online casinos. The typical reasons for being blacklisted are:
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Delaware is also one of the few states that have regulated online gambling and offer sports betting. Each casino and horse track also offers a poker room and there’s a state lottery.
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The chance of losing money and the potential to become addicted are not the only two risks associated with gambling. There are others too, particularly when betting or gaming online. These include the risk of personal information being compromised, or of being cheated by a rogue site.
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Based on the discussion from panelists, even though online has been legal for five years in three states, the lack of understanding is still high. Very basic topics compared to other panels at #NCLGS.
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Stephen Martino of MGM makes a good point about online and AML monitoring. Online you can see if someone is structuring bets at multiple properties to come in under the reporting threshold, you can't always identify this at sportsbooks #NCLGS
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