..

Secret Plan to Legalize Online Gambling Comes Under Scrutiny

Written by:
C Costigan
Published on:
Dec/02/2010
online gambling

According to a Bloomberg News report, three U.S. House Republicans are objecting to what they call a “secretive, closed-door, undemocratic” effort in the Senate to pass legislation that would legalize and tax some online gambling before Congress adjourns this year.

Barney Frank has been the leading voice on efforts to legalize the activity.  A bill he authored passed a House Subcommittee over the summer but had gotten bogged down due to more pressing issues, including the Elections campaign process.

Representatives Spencer Bachus, an ardent opponent for legalized online gambling, Dave Camp and Lamar Smith are the three representatives opposed to efforts that would have Frank’s bill attached to “must have” legislation likely to pass during the lame duck session of Congress.

Similar tactics were used to pass Internet gambling prohibition (Unlawful Internet Gaming Enforcement Act) in October 2006 after that legislation was tacked onto a critical Port Security bill that ultimately sailed through both the House and Senate.

“Creating a federal right to gamble that has never existed in our country’s history and imposing an unprecedented new tax regime on such activity require careful deliberation, not back- room deals,” the lawmakers said in a Dec. 1 letter to Senate Majority Leader Harry Reid and his Republican counterpart, Mitch McConnell of Kentucky.

Frank’s law would only apply to legalizing and licensing online poker businesses.

We also are concerned that this new rush to embrace Internet casino gambling might be partially motivated by one of the gravest sins that afflicts this Congress: desperation for more tax dollars to pay for ever-increasing federal spending,” the lawmakers said in the letter. “Congress should not take advantage of the young, the weak and the vulnerable in the name of new revenues.”

Approving such controversial legislation by attaching it to another bill would be “a secretive, closed-door, undemocratic process,” they said.

The three House opponents are in line to be chairmen of the Financial Services Committee.

- Christopher Costigan, Gambling911.com Publisher

Gambling News

About as Many Bets on Logan Paul to Beat Mayweather as Were on Canelo

On Saturday night, BetOnline revealed that there were around as many bets on Logan Paul to beat Floyd Mayweather, Jr. next month as there were on Canelo Alvarez to win his unification bout vs.

What Happens To My Bet If Medina Spirit Loses Kentucky Derby Win?

What Happens To My Bet If Medina Spirit Loses Kentucky Derby Win?

There was discussion Sunday that Medina Spirit could have his Kentucky Derby win removed after it was discovered the horse had 21 picograms of the steroid betamethasone, double the legal threshold in Kentucky racing, in a postrace sample.

Borgata Drops Trade Secrets Lawsuit Against Ocean Casino

Borgata Drops Trade Secrets Lawsuit Against Ocean Casino

Atlantic City’s top casino has dropped its lawsuit against a rival it accused of poaching key executives and attempting to steal valuable trade secrets.

Chinese Rocket Debris Lands in Indian Ocean at 1-3 Odds

Chinese Rocket Debris Lands in Indian Ocean at 1-3 Odds

Parts of an out-of-control Chinese rocket that towered ten stories high finally impacted the Earth during the early morning hours of Saturday (Eastern Time).

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.

Syndicate