The legalization of online gambling and its regulation is being hotly debated on several fronts this year.
As reported by ICTMN , the FBI shut down three operations last week. Two involved foreign companies for alleged bank fraud and money laundering.
The move, as ICTMN points out, could have lasting impacts on the ability of tribes across the U.S. to legalize and utilize online gaming and poker. Several bills at the federal and state level are exploring ways to regulate the industry.
- The recent crackdown may stymie legislation recently proposed to legalize Internet poker nationwide. On March 17, U.S. Rep. Barney Frank (D-Massachusetts) introduced the latest incarnation of his Internet gaming bill to the House Financial Services Committee, with bipartisan support from U.S. Rep. John Campbell (R-California), who co-authored the proposed legislation, to legalize, regulate and tax online poker and other non-sports betting other than pari-mutuel racing and undo the UIGEA.
The debate in Iowa is centering on legalizing online poker at state-licensed casinos, as the Globe Gazette reports.
The bill, scheduled for floor debate soon, could open more avenues for tribes to offer online gaming in the state.
- Jack Ketterer, administrator of the state Racing and Gaming Commission, said federal law broadly allows Native American tribes as sovereign nations to provide whatever gambling is authorized by the laws of the states in which they reside.
. . .
Sen. Jeff Danielson, D-Waterloo, the bill?s floor manager, said federal indictments issued last week to shut down three Internet poker web sites operating illegally indicated that bringing the activity under tight regulation was ?a topic worthy of public debate.? Backers of legalizing online poker within Iowa estimate that up to 150,000 Iowans currently play unregulated online poker via Internet sites offered illegally by off-shore or foreign operations.
Jenna Cederberg
This entry was posted on Wednesday, April 20th, 2011 at 9:04 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.Source: http://buffalopost.net/?p=14483
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