Yet another bill was introduced to Congress online that is regarding; but can it pass?
We’ve talked a lot about how America is likely to be waiting for some time before they get any federal action on online gambling regulation. That’s nevertheless most likely true, but it isn’t because of an absence of bills that may do the job.
Bills, Bills, Bills
The other day, Representative Jim McDermott (D-Washington) introduced a bill that could once again regulate on line gambling at the federal level, splitting tax profits between the states that players live in plus the authorities. That bill joins two more introduced earlier this present year by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations on the same theme: federal oversight and legislation of at the least some forms of online gambling.
McDermott’s bill is really suitable for King’s work. The McDermott bill would enforce exactly how the income tax distribution from online gambling would work, with 12 cents of every dollar deposited reportedly being collected by governments at different levels. Two-thirds of this money would head to hawaii or tribe where the gambler is playing, while the other third would go to the federal government.
The bill is more comprehensive than the Barton bill, which would only use to online poker. States could be able to decide in or from the federal online poker plan under his bill, but there (suite…)