Missouri's Congressional delegation is officially behind efforts to manage online gambling at the federal level, after the state legislature passed an entice Congress to finish the sports betting ban. Representatives William Lacy Clay and Russ Carnahan both have signed as much as co-sponsor Barney Frank's bill outlining licensing and regulation for Internet gaming operators.The lawmakers criticized the UIGEA ban, saying it's disingenuous of the law's supporters to assert the prohibition will end US residents' patronizing online casinos. The UIGEA was in comparison to an ostrich-like head-in-the-sand approach to coping with the brand new reality of Internet gambling.
The Congressmen also were a part of the gang of federal lawmakers who successfully appealede to the Treasury to withhold implementation of the UIGEA until Comngress has a possibility to deal with the situation.
"We shouldn't be so naive to think that we will get rid of gambling by passing that (UIGEA) law," Clay said.
"It's (online gambling) the type of thing that requires clear rules and regulations in order that it functions well," Carnahan added.
John Pappas of the Poker Players Alliance agreed, saying, "INDIVIDUALS ARE playing online by the millions. Whether you favor it or not, the genie is out of the bottle."
The legislators also want the U.S. to milk the large prospects to create revenue by regulating online gambling.
"I think $42 billion is an important sum that the government must fund one of the vital programs which might be worthy and that Americans benefit from," stated Clay, citing figures estimated by a PriceWaterhouse study to be the potential of a decade's taxation of Internet gambling.
Published on February 26, 2010 by A.J.Maldonado
Read More... [Source: UIGEA News]
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