August 31, 2009
Conservative Magazine Says Online Gambling Coming (Soon!)
I’m not sure if it’s an endorsement of our efforts or a call to action to our opponents … but be sure to check out this lengthy article in the October issue of The American Conservative:
Coming Up Aces
Legalization of online gambling looks like a sure bet.
The piece does give some important numbers — projected internet gambling revenue in 2011=$144 billion, and a 2 percent tax on deposits in the Frank bill would mean $51 billion over 10 years — but I am a bit concerned that the writer makes repeated references to the UIGA (as opposed to the UIGEA).
However, I do like (I think — not totally sure, as I trust few in politics) that our most vociferous opponent seems to be preparing his supporters for a loss:
As the arguments stack up, opponents of Internet gambling increasingly don’t like their odds. “It’s going to be an uphill battle to stop it this time,†admitted Congressman Spencer Bachus (R-Ala.), the ranking Republican on the Financial Services Committee in an interview with Politico. “We caught them off guard last time. This time we might not be so lucky.â€
I also think I like that there’s talk about “putting profits toward helping addicts”. I dunno, just seems a treatment provision is important, and in general we (kudos to the PPA) have our bases covered this year more so than in legislative efforts past.
via @TheEngineer2008
