Internet gambling is the online revolution that wasn’t. About a year after legal Internet gambling launched in New Jersey and made the state a national proving ground for on-demand betting, even one of its most vocal proponents had to admit that results have been “less than stellar.”

Some people have asked me why I strongly oppose Internet gambling and I can sum it up in one sentence: Gambling on the Internet is for chumps. “Chumps” is an old-school reference to naïve and foolish people, the ones who think if they make just one more bet they will strike it rich but instead […]