Online Betting Internet Gambling

Question: Discuss about the Online Betting for Internet Gambling. Answer: The mentioned case study describes the consequences and controversies for the Governments permission to the lottery companies for availing online betting for their business. According to a report by Winslow published in the year 2015 shows that, in Singapore there are much informal gambling cases found and state lotteries are also involved in such cases. There are two target casinos which are observed to be the main points of connection of the cases of gambling in Singapore (Winslow, Cheok Subramaniam, 2015). The research has focused to minimize the negative effect of the gambling on the people of Singapore. According to the news published by Straitstimes.com, there are various social and psychological phenomenon is considered by the Government for permitting the access for online betting and there are few ways of controlling such online betting in Singapore. However, in past, it is seen that, society has faced various harms due to the gambling and few crime incidents are also has been observed (Resolving online betting dilemma, 2017). Another news published by Straitstimes.com states that, Social workers and consumers alike have expressed concern over a possible move to let lottery operators Singapore Pools and the Singapore Turf Club run online betting services, while some consumers welcome the convenience of such services, they noted that this may spark a rise in gambling addiction problems, especially among the young The report has given some examples of higher authorities of Singapore who have supported to ban such services for the betterment of the society (Huiwen, 2017). Another report by Straitstimes.com states that, the Minister of Social and Family Development Tan Chuan-Jin proposed that, the permission to the online lottery operators would give the gamblers a regulated and safer platform (Abdullah, 2017). He has given the examples of Hong Kong and Norway, where the permission was given for the online lottery operators and it doesnt turned out to be a bad thing for the society. The government has controlled the effect in such cases. The decision about the Governments permission regarding the mentioned purpose can be evaluated with the help of a thorough study of various articles, journals and case studies to understand the major factors relating with the online betting, gambling and lottery business. The positive approaches for permitting the two lottery companies to avail online betting system are as follows- According to the researcher Wood and his fellows, a study conducted in the year 2017 focuses on the measurable responsible gambling (Wood et al, 2017). The study has found that, the measures of responsible gambling believed to be validated with the Positive Pay Scale to develop a positive behavioral approaches among the player-base. The research has been conducted with more than 30 real players and the results came up as, there are few components to maintain the positivity in the trade which are Honesty and Control over every actions by the players, Control over the pre-commitment, Personal responsibility and spread of Gambling literacy among the target customers of the company (Wood et al, 2017). Another study by Deng and other researcher conducted in the year 2017 suggests that, the permission of online betting or gambling can be permitted after analyzing the behavior of the player of a particular country. The research also states that, the lottery companies who provides online betting services focuses on retaining the customers and forgets about the social costs along with the negativity associated with the gambling behaviors of the players (Deng et al, 2017). The practical implication of the Cox model need to be analyzed to understand the gambling behavior of a country. The decision against the permission to the two lottery companies for online betting need support of the discussion done as below- According to a case study by Loo Phua conducted in the year 2016 focuses on the regulatory policies for responsible gambling practices in Asia. The study was conducted in Malaysia. The research shows that, the regulatory system in Malaysia has an impact on the behavioral aspects of the people and the recovery process of gambling disorder (Loo Phua, 2016). The study also shows that, the online gambling has always put various negative impacts on the society and the public behavior concerns and the society has paid a notable cost due to it. Another study on the risk measure of the online betting and gambling cases by Redondo conducted in the year 2015 suggests that, the online gambling carries more risk than the offline betting games. All of the researches have noticed that, online lottery players have more psychographic risk factors rather than the offline players (Redondo, 2015). The consequences with the trust factors and lower degree of sociability are two major factors in the cases of the online lottery players and this is also influencing the social demographic structure of a country. Another study on the determinants of individual gambling behavior conducted by Sarti Triventi in the year 2017, shows that, the social variables affect the participation of the people in the gambling and it also influences the participation of the college students in various social activities (Sarti Triventi, 2017). Thus, it is needed to be considered in the decision making about the permission to the lottery companies. According to the study by James Banks conducted in the year 2017 shows that, there are various crime cases associated with the internet betting games and it has been found that, such ceases put various negative impacts on the society along with the virtual environments. The online betting and lottery games are found to be involved in various illegal betting and money laundering, fraud and theft cases (Banks, 2017). The study has found that, the permitted lottery and online gaming sites who provides online netting opportunities to their customers eventually avoids the maintenance of the industrial regulations and government rules after some time of incorporation of the company. The study on various positive and negative factors of the online betting in the websites games and lottery games are discussed above. Henceforth, it is suggested that, the decision should be against permitting the two lottery companies for the online betting facility. References: Abdullah, Z. (2017). Regulated online betting safer for users: Minister. Straitstimes.com. Retrieved 15 April 2017, from https://www.straitstimes.com/singapore/regulated-online-betting-safer-for-users-minister Banks, J. (2017). Internet Gambling, Crime and the Regulation of Virtual Environments. In Gambling, Crime and Society (pp. 183-223). Palgrave Macmillan UK. Deng, Y., Hou, J., Liginlal, D., Yang, X., Ma, X. (2016). Applying the Cox Model to Study Online Gambling Behavior. Huiwen, N. (2017). Online betting. Straitstimes.com. Retrieved 15 April 2017, from https://www.straitstimes.com/singapore/online-betting-fear-of-rise-in-addiction Loo, J. M., Phua, K. L. (2016). Gambling participation and policies in Malaysia. Asian Journal of Gambling Issues and Public Health, 6(1), 1-13. Redondo, I. (2015). Assessing the Risks Associated With Online Lottery and Casino Gambling: A Comparative Analysis of Players Individual Characteristics and Types of Gambling. International Journal of Mental Health and Addiction, 13(5), 584-596. Resolving online betting dilemma. (2017). Straitstimes.com. Retrieved 15 April 2017, from https://www.straitstimes.com/opinion/st-editorial/resolving-online-betting-dilemma Sarti, S., Triventi, M. (2017). The role of social and cognitive factors in individual gambling: An empirical study on college students. Social Science Research, 62, 219-237. Winslow, M., Cheok, C., Subramaniam, M. (2015). Gambling in Singapore: An overview of history, research, treatment and policy. Addiction, 110(9), 1383-1387. Wood, R. T., Wohl, M. J., Tabri, N., Philander, K. (2017). Measuring Responsible Gambling amongst Players: Development of the Positive Play Scale. Frontiers in Psychology, 8.