The world’s richest casino executive Sheldon Adelson has spoken about why he opposes online gambling. He believes that there isn’t a strong enough system in place to prevent young people spending money on the internet.
Speaking on Adelson’s behalf, Ron Reese said: “It’s a personal observation of concerns about technology.” Quite simply, Adelson doesn’t believe the technology is advanced enough to be completely secure.
Anyone looking at Casino Online will tell you how the likes of Caesars Entertainment Corp and MGM Resorts International have backed calls for online poker and casino to be legalized of course, something which hasn’t been the case since new rules were introduced in 2006.
It is an issue that appears to split the casino industry, with CEO of the American Gaming Association Frank Fahrenkopf explaining his views after meeting with Adelson recently.
He said: “Sheldon has long had concerns about this issue, and it is perfectly within his right to make this decision.”
“However, the AGA, at the direction of our board of directors, will continue to support federal legislation to allow states to license and regulate online poker.”
In other news related to Adelson, it was announced this week that he has donated millions of dollars to Jewish causes.
On Tuesday, the Casino and Hotel businessman donated $25m to the Holocaust Museum in Jerusalem.
Speaking about this gift, he said: “We have seen the incredible impact of Yad Vashem seminars on educators of all backgrounds over the past five years. We look to these educators to bring the lessons of the Shoah to their students.”
What are your thoughts on all of this? Maybe it is worth playing some Casino Games Online while you make up your mind!