..

The Harry Reid Double Down On Internet Gambling

Written by:
C Costigan
Published on:
Dec/06/2010
Harry Reid Internet Gambling

As widely reported on Gambling911.com over these past few days, Senate Majority Leader Harry Reid is reportedly in the process of aggressively pushing forth a piece of legislation that would legalized some forms of Internet gambling, specifically online poker. 

One website, OpenSecrets.org, reveals Reid’s primary intentions.

No member of Congress has received more money from the casino and gambling industry during the past two decades -- more than $1.72 million -- than Reid, the Center for Responsive Politics' research indicates.

People and political action committees associated with gambling interests also appear on Reid's all-time top contributor list, including MGM Resorts International ($295,150), Harrah's Entertainment ($171,200), Mandalay Resort Group ($128,350), Station Casinos ($125,200) and Boyd Gaming ($99,149).

The Vegas casinos, once opposed to the idea of legalizing online gambling, are now all-in it seems.

HR 2267, legislation proposed by Congressman Barney Frank (D-Mass), would amend title 31, United States Code, to provide for the licensing of Internet gambling activities by the Secretary of the Treasury, to provide for consumer protections on the Internet, to enforce the tax code, and for other purposes.

Three Republican Congresspersons have written to Reid expressing concern over this recent attempt to pass the online gambling measure during the lame duck session.

- Christopher Costigan, Gambling911.com Publisher

Gambling News

Odds of Where the Chinese Rocket Will Crash

Odds of Where the Chinese Rocket Will Crash: Land 3-1, Water 1-2

With the Earth made up of 71% water, the odds of the Chinese Long March 5B rocket debris hitting land are long.

Lakers Injuries; NBA Playoffs Props 2021

Lakers Injuries; NBA Playoffs Props 2021

BetOnline has bumped the Lakers' championship odds from +300 on Monday to +400 as of Friday, following the ankle injuries to LeBron James and Anthony Davis.

First Things You Need to Know About Starting Your Own Online Sportsbook

First Things You Need to Know About Starting Your Own Online Sportsbook

The sports betting industry is, for sure, one of the biggest and most profitable you will ever find in the modern world. Betting on sports, casino games, horse racing, and other gambling products, have become one of the most popular hobbies and fun daily activities for millions and millions of people from all over the world, and if you can get in on it and run your own operation, then you will most probably start getting a good piece of the pie. 

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Investors appear concerned over Penn National's “free” customer acquisition through the Barstool brand, and DraftKings spend to acquire its customers.

Sports Betting Set For Explosive Growth in 2021:  CEOs Share Outlook

Sports Betting Set For Explosive Growth in 2021: CEOs Share Outlook

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).

Syndicate