Sweepstakes isn't Going Away
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Tuesday, August 15, 2017
By GFG Games
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It is great to see that others believe this industry is not going away. Please read the below article from a North Carolina media company.

"Our Opinion: Gambling or not, video sweepstakes isn’t going away"

"Even gambling’s fiercest opponents have to grudgingly tip their cap to the innovators who power North Carolina’s video sweepstakes industry."

"State laws are written and rewritten in futile attempts to shut sweepstakes centers down. Since the statutes go into great detail describing prohibited games, businessmen and their attorneys simply look for loopholes and change their software or purchase policies to stay a step ahead of the law."

"It’s a silly song-and-dance routine considering we have state-sanctioned gambling via the N.C. Education Lottery, which took in $1.972 billion in 2015 ticket sales."

"Gambling bans are a surviving relic of centuries-old blue laws that created victimless crimes by punishing personal behavior. This needless intrusion into private life enjoys fragmented bipartisan support. Some conservatives want to keep gambling illegal because they feel it’s immoral or sinful, while some liberals support the bans to prevent poor people from losing their shirts on bad bets."

"We all have our blind spots when it comes to gambling. Even some lawmakers who voted against the state lottery must have taken part in March Madness office pools. Anyone who’s ever bought a product primarily for the chance to win a prize, from a box of breakfast cereal to an overpriced “internet card,” is a gambler in our book."

"It’s rank hypocrisy to give the seal of approval to government-run gambling and the thumbs-down to private businesses that offer long odds similar to the lottery’s. Taxing and regulating internet sweepstakes could generate massive revenue for public education."

"Whether legislators like it or not, sweepstakes games aren’t going anywhere. Necessity is the mother of invention, and savvy businessmen will always find a way around the gambling law."

"The General Assembly can’t stamp out sweepstakes gaming, but it can deal itself in for a cut of the action."
 
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The information provided herein is not intended to be legal or compliance advice. Gold Fusion software products include multiple settings and licensee-selectable options that should be used only upon the advice of legal counsel who advises the end user licensee regarding how the licensee can comply with the end user's covenant of lawful operation in the jurisdiction where the software product is used. The end user licensee must not assume that all software products and all settings are lawful for use in all jurisdictions, or lawful for use in connection with all methods of retail operation. WE DISCLAIM ALL WARRANTIES TO THAT EFFECT.

 

 Sent on 16 Jun 2017 via Zoho

 
 
 
 
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