Still another bill is introduced to Congress online that is regarding; but will it pass?
We have talked a lot about how America is likely to be waiting for a time before they get any federal action on online gambling regulation. That is nevertheless likely true, but it isn’t due to an absence of bills which could do the job.
Bills, Bills, Bills
A week ago, Representative Jim McDermott (D-Washington) introduced a bill that would once again regulate on line gambling at the federal level, splitting tax revenues between the states that players live in plus the authorities. That bill joins two more introduced previously this season by Representatives Peter King (R-New York) and Joe Barton (R-Texas), all of which are variations on the theme that is same federal oversight and legislation of at the least some forms of on line gambling.
McDermott’s bill is obviously compatible with King’s work. The McDermott bill would enforce just how the income tax distribution from online gambling would work, with 12 cents of each and every dollar deposited apparently being collected by governments at different levels. Two-thirds of this money would go to the state or tribe where the gambler is playing, while the other third would head to the government that is federal.
The bill is more comprehensive than the Barton bill, which would only apply to internet poker. States will be able to decide in or out from the online that is federal plan Continue reading “National Online Gambling Bills Introduced to Congress”