Monday, August 11, 2014

In Most US Legislation, Online Casinos Being Neglected



Rep. Barney Frank
Rep. Barney Frank
Individual states are creating a strong push towards regulated online gambling within the US, but online casinos are for essentially the most part being ignored of recent proposals. California, Florida, and Iowa are all trying to pass new online gaming laws, but each is solely trying to regulate online poker.

For many lawmakers, the respect between luck and talent plays an immense part in whether they are in favor of a specific online gambling bill. While many lawmakers consider poker a game of skill, they suspect slots are luck.

The distinction, consistent with several analysts, shouldn't be the main target of the legislation. The more pressing issue for pro-gambling lawmakers is that gamblers need to be allowed to do what they would like with their money whether it's luck or not.

Representative Barney Frank was arguing for years that Americans shouldn't be subjected to an unregulated online gambling market. Currently, millions folks residents are forced to send their gambling money to foreign online operators.

California actually has two bills at the table, one who would regulate all online gambling, including casinos, and another that focuses only on online poker. It's likely that the poker bill would be the one with the most efficient chance to pass.

Iowa may be moving towards regulation of online poker. Legislation has passed a Senate Committee and is now headed towards a full-scale debate. If regulated, online poker would usher in millions of greenbacks to the state budget from tax revenue.

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