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New Move To Legalise USA Gambling

2/24/10 - Senators Ron Wyden, a Democrat from Oregon, and Judd Gregg, a Republican representing New Hampshire, have launched S.3018, the Bipartisan Tax Fairness and Simplification Act of 2010, which includes provisions to legalise and  regulate Internet gambling in the United States.
 
The bill proposes wideranging changes to tax structures, but Section C also addresses the legalisation of online gambling.
 
The introduction of the proposal received the immediate support of the pro-online gambling pressure group Safe and Secure Internet Gambling Initiative, who's spokesman Michael Waxman observed: 
 
"With so much media focus on the differences between Democrats and Republicans in Congress, this bipartisan initiative highlights the growing support on both ends of Capitol Hill for replacing the failed prohibition on Internet gambling with a system to regulate the industry, protect consumers and generate billions in new revenue."
 
The Poker Players Alliance, which represents over a million US poker players, was also quick to give qualified support. John Pappas, Executive Director of the Alliance, said that while he and his colleagues were still digesting the tax implications of S 3018, it was encouraging to see internet gambling addressed.
 
“We're pleased with it," Pappas said. "The prospects of this legislation are unclear. This is a sign of things to come, perhaps seeing internet gambling being added as pay-for in other bills.”
 
Provisions in the Bipartisan Tax Fairness and Simplification Act of 2010 to regulate Internet gambling are similar to those included in the Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), introduced last year by House Financial Services Committee Chairman Barney Frank (see previous InfoPowa reports).
 
Similarly, Chairman Frank's bill has attracted a bipartisan group of 65 co-sponsors, including Representatives John Conyers, chairman of the Committee of the Judiciary Pete King, ranking member of the Homeland Security Committee George Miller, chairman of the Committee on Education and Labour.
 
Senator Wyden previously introduced an amendment in the Senate Finance Committee to use Internet gambling revenue to offset the costs of health care reform. That amendment was not brought to a vote, given the decision by the Committee to limit revenue provisions to matters closely related to heath care.
 
A Joint Committee on Taxation analysis found that regulating Internet gambling, as proposed in companion pieces of pending legislation introduced by Chairman Frank and Representative Jim McDermott, would generate nearly $42 billion over 10 years for the U.S Treasury. The analysis is based on the provision of a federal license for operators that would allow them to offer online gambling throughout the U.S., while maintaining existing federal prohibitions on any form of sports betting.



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.

Foxium chooses Microgaming’s Quickfire platform - Game developer Foxium is integrating with the Quickfire platform via an exclusive deal.

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’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

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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