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99 Percent Of Superbowl Sportsbets are ILLEGAL
2/4/10 - In an op-ed piece that appeared in the Washington publication Roll Call, Representative Jim McDermott this week reinforced calls for a more pragmatic approach to sports betting by Congress.
In his article titled “All Bets Are Not Off on Super Bowl Sunday" McDermott highlights how an expected "...99 percent of wagers on the Super Bowl will be placed illegally online or through a bookmaker, where consumers have no legal protections and are left vulnerable to exploitation." Bet on the Superbowl Now.
The proliferation of illegal betting reinforces how government efforts to prohibit online gambling have failed, which, Rep. McDermott argues, should encourage Congress to adopt a more sensible policy approach.
The Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), legislation introduced by Financial Services Committee Chairman Barney Frank and supported by Rep. McDermott, would regulate Internet gambling activity and require licensed operators to put in place systems to protect consumers and collect applicable fees on the activity.
Though Chairman Frank's legislation would not allow online wagers on sports, McDermott states that the legislation's passage "could open the door to allowing this activity in the future." Frank’s measure has already attracted the support of 65 politicians.A Joint Committee on Taxation analysis found that the U.S. could receive up to $41 billion in federal revenue over the next decade if Internet gambling is regulated as proposed.
Gambling News :
Keimo Suominen Wins MPNPT Tallinn 2017 Main Event -
Finnish online qualifier Keimo Suominen has taken the mantle of MPNPT Tallinn Champion from last year’s winner Ranno Sootla, winning €45,200 after a heads up deal with Davis Modans. They’d outlasted a field of 534; the total prize pool reached €258,990 – well over its €150,000 guarantee.
14 Left in MPNPT Tallinn Main Event -
All 14 players who have made it to the end of Day 2 in the MPN Poker Tour Tallinn Main Event can now consider themselves to have officially run deep.
Day 2 of the MPNPT Tallinn Main Event -
Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522
Michael Myers is back in Halloween Slot Machine -
Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.
Joe Fortune new Rewards Program -
Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
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