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USA Gambling Legalisation Hearings Soon
5.8.10 - It looks as if a companion bill to Congressman Barney Frank’s HR2267 may be the subject of a hearing later this month ahead of HR 2267 itself.
Staffers in the office of Representative Jim McDermott have hinted that May 19 and 20, although not yet confirmed, could be the dates on which his Gambling Regulation and Tax Enforcement Act will be discussed in a House Ways and Means Committee hearing.
Political observers point out that if such a hearing eventuates, it will be the first time the bill has enjoyed its own focus – on taxing a liberated US online gambling market – in the House.
Bringing the McDermott bill into the spotlight could complement its companion Frank bill, which seeks the legalisation of online gambling. In December Frank held a hearing on his HR2267 bill in the House Financial Services Committee, and is on record as saying another hearing is likely in May.
Frank’s other legislative proposal, which has the objective of delaying the implementation of the Unlawful Internet Gambling Enforcement Act until the legalisation issue is resolved, would appear to have little chance of success.
Proponents of the UIGEA have already been angered and frustrated by the successful postponement of the regulations to June 1st this year, and there appears to be little appetite in the Obama administration for a further extension.
A hearing scheduled for April 16 was postponed indefinitely due to a scheduling problem in Frank’s office and nothing further has been heard on it.
In these difficult economic times, when both federal and state budgets are under considerable stress, the potential of the McDermott bill to generate billions in tax revenues and increase employment opportunities is a powerful attraction, with the potential to improve the chances of the Frank bill that it complements – the bills are mutually supportive.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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