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National Online Gambling Bills Introduced to Congress

National Online Gambling Bills Introduced to Congress

Just one more bill was introduced to Congress regarding online gaming; but can it pass?

We have talked a great deal about how America is likely to be waiting for a while before they have any action that is federal online gambling regulation. That is still most likely true, but it’s not due to an absence of bills that may do the job.

Bills, Bills, Bills

Last week, Representative Jim McDermott (D-Washington) introduced a bill that will once again regulate on line gambling at the federal level, splitting tax revenues between the states that players live in while the government that is federal. That bill joins two more introduced earlier this season by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations regarding the theme that is same federal oversight and legislation of at the least some forms of on line gambling.

McDermott’s bill is really appropriate for King’s work. The McDermott bill would enforce just how the taxation distribution from online gambling would work, with 12 cents of every dollar deposited apparently being collected by governments at different levels. Two-thirds of this money would go to their state or tribe in which the gambler is playing, while the other third would head to the government.

The bill is more comprehensive than the Barton bill, which would only apply to internet poker. States could be able to opt in or from the online that is federal plan unde Continue reading National Online Gambling Bills Introduced to Congress