..

What Will Harry Do?

Written by:
C Costigan
Published on:
Dec/10/2010
Harry Reid

Harry Reid has told Politico.com he does not intend to insert his draft bill to legalize online poker within the much talked about tax extension bill slated to go for vote some time next week.  That doesn’t mean he won’t try.

When the 74-page tax bill was introduced Thursday night, it did not include the poker language.

From Politico.com:

Reid could still insert the poker legalization into the tax cut bill if additional modifications are made before a final vote is cast sometime next week. Or he could slip the plan into a mammoth $1 trillion omnibus spending bill that has yet to be unveiled but is necessary to keep the government funded through September. Any option is certain to generate backlash from the GOP.

Reid is very much intended on passing the poker measure during this lame duck session. 

“The legislation I am working on would get our collective heads out of the sand and create a strict regulatory environment to protect U.S. consumers, prevent underage gambling and respect the decisions of states that don’t allow gambling,” he said. He asserted his bill would ensure “the revenue and jobs from this multibillion-dollar industry will stay where it belongs — here in America.”

- Christopher Costigan, Gambling911.com Publisher

 

Gambling News

"Tony Meatballs" and Others Indicted for Sports Betting, Heroin Distribution, More

"Tony Meatballs" and Others Indicted for Sports Betting, Heroin Distribution, More

More than a dozen alleged mobsters have been charged as part of a sweeping federal indictment unsealed on Monday including one 72-year-old named Anthony “Tony Meatballs’’ Gifoli.

Atlantic City Casino Earnings Fall 37% Amid Pandemic Limits

Atlantic City Casino Earnings Fall 37% Amid Pandemic Limits

Atlantic City’s casinos saw their collective profits fall by more than 37% in the third quarter of this year as they reopened with capacity limits and costly measures designed to stem the coronavirus pandemic.

The Rise of Virtual Esports Betting in 2020

The Rise of Virtual Esports Betting in 2020

At the beginning of 2020, the sports betting industry found itself in a position they’ve never experienced before. Out of a sudden, all sports events were cancelled, without any predicatble future insight.

GLI Insights on How to Navigate Future of Gaming at Betting on Sports America

Gaming Laboratories International (GLI®) will host a roundtable at next month’s Betting on Sports America - Digital that will focus on the industry’s evolving product and service offerings. 

Legendary Sports Bettor Lem Banker Dies at 93

Legendary Sports Bettor Lem Banker Dies at 93

The legendary sports bettor Lem Banker has passed away in his Las Vegas home at the age of 93.  The multi-millionaire made a living betting sports.

Syndicate