Just one more bill has been introduced to Congress regarding online gaming; but will it pass?
We have talked a lot about how America is likely to be waiting for a while before they get any action that is federal online gambling regulation. That’s nevertheless most likely true, but it’s not due to a shortage of bills that may do the work.
Bills, Bills, Bills
Last week, Representative Jim McDermott (D-Washington) introduced a bill that would once again regulate on line gambling at the federal level, splitting tax revenues 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 same theme: federal oversight and regulation of at least some forms of on line gambling.
McDermott’s bill is really suitable for 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 reportedly being collected by governments at various levels. Two-thirds of that money would visit their state or tribe where in fact the gambler is playing, while the other third would head to the authorities.
The bill is more comprehensive than the Barton bill, which would just use to on-line poker. States could be able to choose in or out of the federal online poker plan under the