Saturday, December 13, 2014

Harry Reid Holds Online Casino Bill's Future Hostage



Harry Reid is as mysterious because the Sphinx in terms of predicting his ultimate stance on online casino regulation.

Play Now at Rome Casino Now that Barney Frank's measure proposing regulation of online casinos has gathered some momentum within the House, observers are wondering how the bill may fare within the Senate. The uncertainty of which way that chamber will activate Internet gambling lies directly on the feet of Senate Majority Leader Harry Reid.

"He's the linchpin," Representative Shelley Berkley, from Reid's home state of Nevada, told the Reno Gazette-Journal. "HE'LL be the decider in relation to Internet gaming."

On the surface, it could seem obvious that Reid could be at the side of opening the net gambling market and allowing the licensing of Internet poker sites and online gambling operators. Like Reid, Frank is an impressive member of the Democratic Party, and Reid certainly has no want to aid Spencer Bachus and the ultra-conservative right in defeating H.R. 2267.

But Reid has long relied heavily at the support of the large casino companies in Las Vegas, a gaggle divided in the case of online casinos. Until recently, the land casinos were united behind Steve Wynn and his insistence on continuing the ill-designed UIGEA ban.

Lately, some operators, led by Harrah's, have altered their position, preparing themselves to conform to regulated online gambling. The shift has left the yankee Gaming Association adopting an officially neutral stance.

While Berkley told the paper she sees Reid softening at the issue of Internet casinos, the hardened politician finds himself in a fight for his political life. With out a decisive order from the casino companies, Reid may take whichever side is most politically expedient along with his constituents to verify his re-election.

This could mean all of the US online casino policy for future years could also be decided by Nevada voters' feelings on whether Internet gambling increases or decrease their unemployment rate.

Published on August 9, 2010 by MattMiller


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