Regulating Online Gambling 2009: Starting Point

by , May 11, 2009 | 2:33 am

Good article in Congressional Quarterly about Barney Frank’s online gambling regulatory framework bill and Rep. Jim McDermott’s (D-WA) HR 2268, which sets up associated tax collection measures.

TRIVIA: Does anyone know the bill number for the UIGEA? Free satanic spade swag-shirt for the first correct commentor.

The article points out what a significant move it is by Harrah’s to be so publicly behind these legislative measures, and the relevance of Rep. Shelley Berkeley’s (D-NV) full-on support. (She previously supported only studying the issue.) Overall, the non-partisan piece is far more optimistic than most of us poker-biz “professionals” … but even CQ knows they’re just guessing. What it does, however, is establish the baseline, from where Congressional dialogue on online gambling will be starting. (So we’ll have to deal a lot with addiction and protection-of-minor issues, but not so much with 1/3 of them attempting suicide the first time they suffer a bad beat.)

6 Comments to “Regulating Online Gambling 2009: Starting Point”

  1. Rakewell

    UIGEA was H.R. 4954.

  2. Card Chucker

    Safe Port Act (and UIGEA) were HR 4954: 109th Congress.

    IGRCPE is HR 2267: 111th Congress.

  3. DanM

    Awesome … so 2267 and 2268 are right next to each other. Easy to remember/follow.

    HR 4954 was not the answer I was looking for … but it’s possible our crack(ed out) research team made an error. Still open while we investigate …

  4. Kevin Mathers

    I assume you mean in its original form, HR 4411.

  5. DanM

    Ahh, I asked the question in the wrong way. I was looking for PL-109-347:

    But that is what 4954 became. Rakewell, send me an email and we’ll hook you up with the swag.

  6. Rio Martin

    Myth: Online gambling is many susceptible towards finance laundering than land-based gambling.

    Fact: There is none plausible evidence of finance laundering associated with online gambling. Land-based gambling within venues such as casinos and race tails is many susceptible towards finance laundering than online gambling.