Yet another bill has been introduced to Congress online that is regarding; but will it pass?
We have talked a great deal about how America will probably be waiting for a time before they have any federal action on online gambling regulation. That is still most likely true, but it’s not due to a lack of bills that may do the task.
Bills, Bills, Bills
A week ago, Representative Jim McDermott (D-Washington) introduced a bill that will once again manage online gambling at the federal level, splitting tax revenues between the states that players live in while the authorities. That bill joins two more introduced earlier this present year by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations in the theme that is same federal oversight and regulation of at least some forms of online gambling.
McDermott’s bill is obviously suitable for King’s work. The McDermott bill would enforce how the tax distribution from online gambling would work, with 12 cents of each and every dollar deposited apparently being collected by governments at various levels. Two-thirds of this money would visit the state or tribe where in actuality 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 choose in or out of the federal online poker plan under their bill, but (suite…)