It's pretty simple. Laser engraving your name on your glove makes it very unlikely that another player will want to steal your glove and actually use or try to sell it. As my father used to say, "it will keep a good crook honest." Having your name or other identifying information on your glove also makes it easier for a Good Samaritan to track you down and return a lost glove. After all, most people are generally good and will want to do the right thing.