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Another Attempt at Online Poker Legalisation
Saturday June 1, 2013 : FEDERAL ONLINE POKER LEGALISATION DEFINITELY ON THE CARDS
King likely to sponsor new attempt in Congress soon, say aides
The growing industry speculation that Republican Congressman Peter King is about to launch another attempt at federal online poker legalisation in the US Congress was given impetus Saturday by a report from the Reuters news agency.
Quoting Congressional aides, the news agency said the proposal was designed to give brick and mortar casinos a larger (online) market in the face of increasing initiatives at state level, where individual states are preparing their own intrastate laws and considering interstate compacts.
"Online poker would generate $10 billion in added revenues by 2017 if allowed by federal statute, according to the American Gaming Association. About $4 billion is now being spent for illegal sites," Reuters reported.
The news agency reprises statements earlier this year by MGM Resorts financial chief Dan A'Arrigo that Nevada may be too small a market for the company to invest in an online poker room, pointing to the benefit of a federal solution which would enable states to interact if they wished.
However, Reuters warns that a federal legalisation bill will probably face opposition from state legislatures and lottery officials.
In addition to a bill from Congressman King, the Democratic Party Representative from Texas, Joe Barton, will also launch a bill, according to Congressional aides.
Reuters does not give details of either bill, other than to advise that states will have the choice to opt-out if they wish.
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Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
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Microgaming QuickFire enters Coloumbia -
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Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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