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Anti Gambling bill S. 3376

A POTENTIALLY NASTY SURPRISE IN THE SENATE FOR ONLINE GAMBLING?

But just what is the intention and detail of new bill S. 3376?

Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.

The detail and intent of the bill is not yet known, because Cotton has merely filed a summary that states:

"S. 3376 - a bill to ensure the integrity of laws enacted to prevent the use of financial instruments for funding or operating online casinos are not undermined by legal opinions not carrying the force of law issued by Federal Government lawyers.”

That suggests that it is associated with UIGEA and probably the December 2011 US Department of Justice opinion that the Wire Act of 1961 applies only to online sports betting.

The bill comes as a surprise because it is late in the legislative season; interest in the Restoration of Americas Wire Act has been noticeably lacking in Congress this year; Cotton has not previously come to notice in this area, and he does not have a history of working with arch US online gambling opponent Sheldon Adelson.

Given the 2006 machinations which pushed the UIGEA through in a late night session of Congress attached to a totally unrelated but must-pass security measure, the industry is right to be wary of legislative moves like this, which may be designed to support more political manoeuvring and sleight of hand in the corridors of power, big money and influence.

And because it has been filed and is now part of Senate records, Cottons bill could potentially be one of the Christmas Tree amendments that can be attached to the coattails of other, and not necessarily related, bills as Congress winds down at the end of this season in December

Adelson is still splashing money around in mainly Republican Party political donations, and his pledge to spend "whatever it takes" to kill off online gambling legalisation moves appears to be very much alive, albeit frustrated by the lack of progress of his RAWA proposal. There could be legitimate speculation that Cotton may be part of a new stratagem by the land casino moguls army of advisers and lobbyists.

Its early days yet, but the alarm bells have rung, and the industry will be watching developments on this legislation very carefully.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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