![]() But the requirement will allow auditors to know who is getting favors from the casinos, Parenti said. A review by the Australian government in 2001 estimated the number of online gamblers worldwide at just fewer than five million, with more than 11 billion spent in online casinos ref. Casinos sometimes write off debt as a perk for favored customers or to settle disputes. The first online gambling Web site opened 10 years ago, paving the way for the hundreds that exist now on the Internet. New Jersey and Nevada both allow gamblers to borrow money at terms that casinos dictate.Īlso under the new rules, the board will require casinos to keep records of which gamblers get their debts written off or discounted. Explain whether or not you think that gambling casinos should be able to advance credit to gamblers. "You're trying to strike that balance between providing credit as a convenience and preventing credit from being abused by people who would be so inclined." "These are probably reasonable policies, on balance," said William Eadington, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada in Reno. He says the changes may simply force casinos to have better, more uniform paperwork justifying the transactions. Home mini-casinos operated by credit cards are a long way off, though the technology exists. Swoik said he doesn't think people who got credit under the old rules will be denied under the new ones. Gambling will, of course, advance technologically.
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