National On The Web Gambling Bills Introduced to Congress

National On The Web Gambling Bills Introduced to Congress

Still another bill has been introduced to Congress regarding online gaming; but does it pass?

We have talked a great deal about how America is likely to be waiting for a time before they get any action that is federal online gambling regulation. That’s nevertheless most likely true, but it is not because of a shortage of bills that may do the work.

Bills, Bills, Bills

A week ago, Representative Jim McDermott (D-Washington) introduced a bill that would once again regulate online gambling at the federal level, splitting tax revenues between the states that players live in and also the government. That bill joins two more introduced previously this present year by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations in the same theme: federal oversight and legislation of at least some forms of on line gambling.

McDermott’s bill is obviously appropriate for King’s effort. The McDermott bill would enforce how the tax distribution from online gambling would work, with 12 cents of every dollar deposited reportedly being collected by governments at various levels. Two-thirds of that money would head to the state or tribe where in actuality the gambler is playing, while the other third would go to the government that is federal.

The bill is more comprehensive than the Barton bill, which would only use to on-line poker. States would be able to choose in or out from the federal onl “National On The Web Gambling Bills Introduced to Congress”の続きを読む