Regulation of on-line business is relatively new because of the nature of the business itself. On-line business is extremely complicated because some the people can participate in it without revealing their identity, because it is international and because it has been changing all the time.
If the government wants to impose restrictions on the individual's ability to wager at on-line casinos it has to clarify the following details. First, the government can control only on-line casinos which are registered in the country the government belongs to. It means that citizens of the country will be able to gamble in foreign casinos without any restrictions. If the purpose of the government is to restrict a freedom of its citizens the government will not achieve it. Second, most probable that the government wants to protect only its own citizens and interested in the development of national casino business. But the restriction on an individual's ability to wafer at online casinos will lead to decrease of the profit the casinos get from the foreign citizens.
So, even from these assumptions, we understand that regulations of on-line casinos are too complicated to be implemented in the nearest future. But let's see leave the technical point of view and look if it fair to restrict a personal freedom in this way.
Of course a lot of people are ready to tell that it is unfair of the government to prohibit make big stakes in on-line casinos because it deprives people of right to manage their own money. But those people should not forget that here we are talking of on-line business which creates several times more opportunities for fraud than any other type of business. It can happen that somebody will try to use a credit card of another person for gambling, or that a grandchild will spend all the retirement money of his own grandparents. Internet has a plenty of opportunities for people who want to use the identity of another person.
Also it is difficult to control access to gambling sites. We know that there is security which can prohibit from casino some types of people because of their appearance or failure to show an ID proving that people are legally capable. It can be that some people have a gambling addiction and prohibited from the casino. But without special restrictions nothing can stop those people from performing actions they may regret.
So, I think that government or even casinos itself should impose restrictions on an individual's ability to wager at online casinos. It can be a phone call to make an identity check, a system of password and codes confirming the amount. Sometimes a small typo can lead to dramatic events. What if a person typed 1000 instead of 100? What if he accidentally presses "ok" instead of "close the window"? I think that the questions as "are you sure that you want to bet a 1000 of dollars now?" will be very useful. Also I think that the government and casinos should give people as much information about online business as possible because knowledge is the best weapon against of fraud.
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