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Testimony On "Internet Gambling: Is There A Safe Bet?", Kurt Eggert

Kurt Eggert

This Congressional testimony discusses the possible legalization of Internet gambling in the United States, and the need for adequate consumer protection if online gambling were legalized. The testimony begins by discussing the importance of consumer protection in the gambling industry and the relative lack thereof in current casino regulation. A basic element of consumer protection for slot machine play would be mandating that slot machines display the hold percentage for that slot machine, with an interactive display that would change as the hold percentage changes. The testimony discusses how consumer protection, which focuses on giving recreational gamblers the tools they …