Gambling Law Update...Unlikely online gambling bill makes it to the senate floor

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<TABLE width="90%" border=0><TBODY><TR><TD class=title align=middle></TD></TR><TR><TD class=Author align=right></TD></TR><TR><TD class=Content>Although several attempts have been made by different lawmakers, Internet gambling prohibition measures have failed each year, while the industry continues to gain more ground with the American public. Now, with the rise of Internet poker fueling the fire, many Washington insiders believe that it will be impossible to tell Americans that the activity is illegal. With such high-profile issues like the continuing war in Iraq, Social Security overhaul, and heightened tensions between both parties in Congress right now, it is not very likely that an anti-online gambling bill would make it to the Senate floor for a vote. Nevertheless, that did stop Senator John Kyl (R.-AZ) from preparing to introduce the 2005 version of his Internet gambling legislation; the Unlawful Internet Gambling Enforcement Act of 2005.


Like previous versions of the bill, this new version would still make it illegal to fund online gambling transactions, but this version fails to define legal and illegal gambling activity. However, unlike previous versions, the bill is free of exemptions for Internet horse wagering, and state sponsored and regulated gambling like past versions have contained. Notably, the last exemption-free gambling funding prohibition bill, introduced in 2000 by Rep. Jim Leach (R.-IA), was ultimately killed by special interest groups seeking exemptions.
The lack of previously-included exemptions in this bill, bodes ill for its chances of success, however given the increasingly conservative nature of U.S. lawmakers, anything is possible.
Lawrence G. Walters, Esq., is a partner in the national law firm of Weston Garrou & DeWitt, with offices in Orlando, Los Angeles, and San Diego. Mr. Walters represents clients involved in all aspects of online gaming operations. Nothing in this article constitutes legal advice. Please contact your personal attorney with specific legal questions. Mr. Walters can be reached at Larry@LawrenceWalters.com

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http://www.onlinecasinonews.com/ocnv2_1/article/article.asp?id=7916



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not sure if this is a repeat but thought it was interesting
 

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What a joke!

In two more years, 90% of Americans are going to have an offshore account.........either for sports, horses, casino, or poker.

Message to the government--LEAVE US ALONE!

-FISHHEAD-
 

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I just wonder what this Kyl senator's deal is. Does he secretly have a gambling problem that has destroyed his life or something? He just seems to have made stopping internet wagering his life mission. I wonder why.
 

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Illini said:
I just wonder what this Kyl senator's deal is. Does he secretly have a gambling problem that has destroyed his life or something? He just seems to have made stopping internet wagering his life mission. I wonder why.
I would guess he has lost his azz in the past betting....I mean why else would he be so obsessed with it...
 

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Illini said:
I just wonder what this Kyl senator's deal is. Does he secretly have a gambling problem that has destroyed his life or something? He just seems to have made stopping internet wagering his life mission. I wonder why.

I vaguely remember reading an article some years ago about Kyl owning stock in some type of ATM MACHINE which distributs cash in Nevada Casinos. I don't have a link or any details and this may not be accurate 100%. But I DID READ something about this.
 

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What I really DON'T understand. Why the Nevada Casinos don't push harder to make internet wagering legal ? I mean if there ever was a place in the world where capitalism and greed abound---It's got to be Vegas. Why in the world don't they push for it????????? I can ONLY think and believe, that they do have some ties to some offshore places. Maybe limited---but---it makes absolutely positively NO SENSE to me. :icon_conf
 

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Fishhead

In 2 more years with Bush 80% of Americans will have trouble just paying their utility bills and basic overhead and having an off shore account for anything isn't affordable. When your schools are struggling and the roads are falling apart and the new jobs are mainly at Wallmart that rec money going off shore isn't happening. The gambling will be on slots at local casinos and lotteries mainly for most Americans hoping for that windfall not grinding away daily like the few on this site do.
 

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Aquatic said:
In 2 more years with Bush 80% of Americans will have trouble just paying their utility bills and basic overhead and having an off shore account for anything isn't affordable. When your schools are struggling and the roads are falling apart and the new jobs are mainly at Wallmart that rec money going off shore isn't happening. The gambling will be on slots at local casinos and lotteries mainly for most Americans hoping for that windfall not grinding away daily like the few on this site do.

:think2:
 

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Sorry you're scratching your heads guys. Fishhead said 90% would have off shore accounts in 2 years and my response is that disposible income is shrinking for the masses. Many cleaning up are Republican businessman and it's the Republican lawmakers that are always trying to put more and more hurdles in the way for Americans to gamble. Don't you know it's morally wrong to gamble and a bad influence for "the children"?:sad3:
 

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Aquatic said:
Sorry you're scratching your heads guys. Fishhead said 90% would have off shore accounts in 2 years and my response is that disposible income is shrinking for the masses. Many cleaning up are Republican businessman and it's the Republican lawmakers that are always trying to put more and more hurdles in the way for Americans to gamble. Don't you know it's morally wrong to gamble and a bad influence for "the children"?:sad3:
Yes--your point is well taken and I tend to agree. But entertainment is what I think Most players play for. Yes they want to win and sometimes do. Now with at-home computers available--the internet makes for one of the very CHEAPEST forms of this. So maybe 70% might be a more realistic number.
 

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I would really like to know what % of US horseplayers, have an account with YOUBET.COM? I'm talking players that play regularily. (A handfull of states don't even ALLOW THIS).

Well--I've got to start handicapping--looking for that ONE winner.
GL to all.
 

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Whoson1st said:
Same re-action here!

PeoplebetnowbutBushsucksso80%ofpeoplearegoingtobepoorintwoyearsworkingatwalmarttheywillonlyplayslotsandnotsports.

Whatutalkinboutwillis?
 

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Motive?? Just look at who is hurt by the move offshore.

Vegas is bigger than ever. The move offshore has simply moved their local wise guy money out and left them with square action as a higher % of their play.
 

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