Wednesday, August 20, 2014

Online Casinos Excluded From New US Internet Gambling Bill



Representative Joe Barton
Representative Joe Barton
The latest try to regulate online poker within the US came on Friday when Representative Joe Barton introduced the web Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011. Unfortunately for online casinos, they are going to be neglected of the party if the legislation is approved.

Barton's new bill is co-sponsored by some heavyweights within the US political culture. Rep. Barney Frank, the previous Chairman of the home Financial Services Committee, and Rep. John Campbell, who himself has introduced online gambling legislation, are both co-sponsors.

Frank is joined by Democratic leaders Shelley Berkley, Steve Cohen, John Conyers, Mike Honda, Ed Perlmutter, and Linda Sanchez, all as co=sponsors. Ron Paul, Peter King, and Michael Grimm, make the bill a bipartisan attempt at regulation, with each serving as a co-sponsor.

"Poker is an all-American game, and it is a game that requires strategy and skill," said Rep. Barton in an announcement on Friday. "Millions of american citizens play poker online. Although it's legal to play for money, it's illegal to process the transactions that permits players to assemble their earnings. We wish to have an iron-clad system to ensure that folks that play for money are playing in an honest, fair system where they are able to take advantage of their winnings."

Rep. Frank had long been trying to regulate all varieties of online gambling, however the Barton bill doesn't allow for sports betting or casino gambling online. That, in keeping with several lawmakers, could come at a later date. As of now, the legislators wish to appease the millions of players who've lost their places to play in recent months.

The incontrovertible fact that this bill is being driven by a Conservative might actually help the legislation on a path towards passage. Rep. Frank and Rep. Campbell's bill would have needed to work its way in the course of the House Finance Committee, where anti-gambling legislator Rep. Spencer Bachus is the present chairman.

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