This is insane! But I mean shouldn't the casino be on the hook for some of it...I mean clearly if he lost those kind of funds they must have noticed!
1 Comments »
Posted by
mothersquatch on 06/03/2011 6:11PM
??? Why would they??? How are they responsible for his embezzling funds? Once funds are verified what would you want them to do? With Millions of players online, how should they confirm players are playing with legitimate funds? This is a slippery slope that players don't want to start down!
Should players have to "apply" to play online & fill out forms showing how much they make annually + how much they can afford to lose? More govt regulations? How many sites would go out of business because of the "red tape" ("Concentrated power is not rendered harmless by the good intentions of those who create it." Milton Friedman)...
Problem gamblers will find a way around any blocks you put in front of them. If a casino stops a problem gambler, they'll just go to another.
There are many "Big Time Losers" out there & they are legitimate players (unlike the one in this story) who can afford to lose "Millions" & they just continue playing. (see this article http://www.theglobeandmail.com/news/national/the-million-dollar-club-losing-big-losing-often/article1311827/)
Addiction is a terrible thing & there is nothing short of banning all gambling that will slow these players down. Many would end up in "under ground" casinos where the govt wouldn't be getting tax revenues or they could be put in even great dangers!
As I've learn over the years with other addictions, you can't help the addict unless they want to help themselves!
BTW this reminds me of when bars started to get suited for patrons over-drinking & driving...whatever happened to "Personal Responsibility"?