Dawn of a New Day? Congressmen Peter King (R) of New York and Joe Barton (D) of Texas Co-Sponsor a Bill that Would Allow States to Decide if They Will Allow Internet Gambling

Well, it’s a first step.

And a big one.

A lot of legislators talk about finding ways to legalize online gambling (as a way to collect more tax money). Now, two Congressmen have put their reputations on the line legalizing online poker, and possibly other games.

Of course, there are always pitfalls, for example the number of regulatory measures that would be put in place as a result.

The bill would let states choose whether they want to allow residents to play poker on the Internet and require operators to already have gambling licenses in at least one U.S. state.

The three biggest online poker companies were indicted by the U.S. Justice Department this past April, ending online poker in the U.S.

“This bill is indeed good news, but for now, if you’ll pardon the pun, I’m keeping a ‘poker face’ on at least one part of it,” said Maureen Martin, senior partner at the Heartland Institute.

“Legalizing online poker is an outstanding idea, but establishing still another federal agency to regulate it is where I’m going to hold, for two reasons. First, many online poker platforms are based in foreign countries, and thus are beyond the regulatory powers of the United States. Second, if these platforms cheat customers, that’s fraud. It’s already illegal in the United States and such laws are enforced by the Department of Justice and the Federal Trade Commission. Enough is enough.”

“We’re going to try to get a bill on the President’s desk in this Congress,” Barton said.

We shall see. We shall see….

Leave a Reply

Your email address will not be published. Required fields are marked *