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Online Casino Gambling News - by Gamblers Lodge

Traditional Bookmaking Connected With Terrorism

The National Criminal Intelligence Service in Great Britain is being asked to assess the newfound inherent risks of bookmaking in the U.K. In a report published by an American consulting firm, it is thought that traditional bookmaking, which is in a war against the online gambling institution, lends more opportunity to money laundering, including the funding of terrorist activities that can go through without any trace or tracking trail.

Most all betting shops in the UK will take giant sums of cash without knowing the identity of the bettor. And all this while, William Hill casino chief executive David Harding has been railing against large online bookies like BetFair, claiming they are destroying the gambling industry and operating under illegal pretenses.

And although BetFair has defended itself with documented audit trails and a history that has been bringing more return to online gamblers than traditional bookmakers ever did, Harding and his casino continue to throw allegations in the air.

And now that online casino gambling is not being seen as such the vehicle to fund terrorism, and that it ironically may very well be the long standing legal establishment of traditional bookmaking, it seems now that land-based bookies better adapt or be phased out permanently.

 

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