Last week, Las Vegas Sands CEO Sheldon Adelson made it known that he is opposed to online gambling. He stated that the industry is cancerous and toxic, and has recently decided to take his cause further by launching a new anti-online gambling website.
According to the Poker Players Association (PPA), Adelson has purchased the domain ‘stopinternetgambling.com’. On the homepage, there is a long message denouncing internet poker and online gambling – in line with the comments that were made by Adelson earlier in the week.
“Is it worth the societal and economic risk to produce more revenue for the government?” the message reads. “Internet gambling by definition will do away with tens of thousands of casino-based jobs and will take us down a slippery path from which we will never be able to turn back”.
The message also mentions that players of any age can gamble online and that identity theft is more likely in the digital world. There are plenty of arguments that oppose online gambling, and Adelson wants to make them all known.
There are also many benefits of legalizing online gambling, however. It is important to remember that there are two sides to the issue, and that Adelson’s arguments are not entirely truthful.