Online Gambling Crackdown: American Gaming Association backs study on feasability of legalizing online gambling.
A House panel approved legislation to crack down on the $12 billion internet gambling industry by applying federal prohibitions to games like blackjack, online poker and roulette. The bill approved by the Judiciary Committee would “prevent offshore fly-by-night gambling businesses from violating the laws of all states,” Goodlatte said. The bill by Rep. Bob Goodlatte (R-Virginia) would update the 1961 Federal Wire Wager Act to apply to online gambling. It also would outlaw electronic transmission of funds to pay for gambling bets and give law enforcement agencies authority to block such money transfers.
“This legislation is badly needed,” he said, adding spending on the sites has skyrocketed.
But half of the $12 billion spent on online gambling is thought to come from U.S. bettors and some companies in this country want to get in on the action. The American Gaming Association, the industry’s largest lobby, has opposed online gambling in the past but last month backed a study of the feasibility of legalizing it.
Nevada’s House members introduced a bill this week calling for such a study.
Does this mean that after testing they will realize that online gambling should be legalized and can be regulated? Makes one wonder.
Source: Wired.com
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