U.K. Web Booker BETonSPORTS Calls for U.S. 'Net Gaming Regulations

Authored by Mark Hefflinger on February 17, 2006 - 7:22am.

London - Citing recent betting scandals and actions in the U.S. Congress, BETonSPORTS, a London-based online sports betting firm, on Friday renewed its push for government regulation of the online gaming industry in the U.S. The company also said that it remains "vehemently opposed" to any prohibition attempts in Congress. "Prohibition has never worked in the U.S. for any activity," said CEO David Carruthers. "The idea that prohibition would suddenly work now on any aspect of the Internet is a falsehood and trying to shut out a multi-billion industry with the consumer demand of online gambling through prohibition won't work." BETonSPORTS, which focuses primarily on the North America, Asia and Latin America regions, last month published a white paper on why regulation is needed in the U.S. Carruthers said that the industry needs regulation and tracking, "not to be pushed even further in the shadows where organized crime and other less reputable individuals can carve out a niche for themselves."
http://biz.yahoo.com/bw/060216/20060216005741.html?.v=1