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American Gaming Association Re-States Position On Internet Betting

The American Gaming Association has posted a statement in response to casino owner Sheldon Adelson's attempt to fight online gambling, reiterating its position that government regulation of the act is a good thing.

Issuing a direct response AGA CEO Geoff Freeman said, "Time and again, government efforts to prohibit use of everyday products have failed. In 2012, Americans spent nearly $3 billion gambling with rogue offshore operators. The Internet cannot be forced back into the bottle - nor can market demand."

"We support pragmatism and strong regulation of online gaming that protects consumers, prevents underage play, ensures the integrity of the games and empowers law enforcement."

"New government efforts to prohibit online gaming will unintentionally strengthen black market providers, create more risk for American consumers, including children, and drive U.S. jobs and potential revenues overseas."

"We appreciate divergent viewpoints and welcome a healthy discussion on this complex issue."

The statement comes in direct response to news that gaming magnate Sheldon Adelson is planning an aggressive fight to outlaw internet gambling. Adelson has hired a bevy of lobbyists and is forming a group tasked with fighting internet betting legislation.

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