Yet another bill was introduced to Congress online that is regarding; but will it pass?
We’ve talked a lot about how America is going to be waiting for some time before they have any action that is federal online gambling regulation. That is still most likely true, but it’s not due to a shortage of bills which could do the task.
Bills, Bills, Bills
The other day, Representative Jim McDermott (D-Washington) introduced a bill that will once again regulate online gambling at the federal level, splitting tax profits between the states that players live in plus the government that is federal. That bill joins two more introduced earlier this year by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations on the theme that is same federal oversight and legislation of at the very least some forms of online gambling.
McDermott’s bill is obviously compatible with King’s effort. The McDermott bill would enforce exactly how the taxation distribution from online gambling would work, with 12 cents of every dollar deposited apparently being collected by governments at various levels. Two-thirds of this money would go to their state or tribe where in fact the gambler is playing, while the other third would go to the government that is federal.
The bill is more comprehensive than the Barton bill, which would just apply to on-line poker. States would be able to opt in or out of the online tha Continue reading National On The Web Gambling Bills Introduced to Congress