USA Could Have Regulated Online Gambling Soon

27.02.2010, The Bipartisan Tax Fairness and Simplification Act of 2010, or S3018 sounds like a good thing for online gambling regulation in the USA. Legislators in the US have proposed a bill which could make online gambling a regulated activity charging the operators a 2% licensing fee on the monthly receipts.

Republican Senator Judd Gregg and Democratic Senator Ron Wyden put forth the tax proposal together in the US Congress. The bill primarily addresses changes to simplify tax codes and brackets but has the added component of taxing online gambling within the legislation. It is hoped by many that this will be perceived as a win, win situation for both parties with a compromise before a long and heated debate. Michael Waxman, from the Safe and Secure Internet Gambling Initiative spoke about the development, “With so much media focus on the differences between Democrats and Republicans in Congress, this bipartisan initiative highlights the growing support on both ends of Capitol Hill for replacing the failed prohibition on Internet gambling with a system to regulate the industry, protect consumers and generate billions in new revenue.”

Good public relations for the countries two parties that are usually consider at opposite ends of the political arena. The proposed bill came with a qualifying statement: “Internet gambling in the United States should be controlled by a strict Federal licensing and regulatory framework to protect underage and otherwise vulnerable individuals, to ensure the games are fair, to address the concerns of law enforcement and to enforce any limitations on the activity established by the States and Indian tribes.” Barney Frank's proposed bill is similar in approach and has in depth the ways and means to accomplish legalization. The Poker Player’s Alliance has already said this is positive with John Pappas saying, “We’re pleased with it. The prospects of this legislation are unclear. This is a sign of things to come, perhaps seeing internet gambling being added as pay-for in other bills.”

Über iGaming News:

Casinos.ch ist die Gaming & Entertainment-Plattform der Schweiz und mit über 20 Informationsportalen und rund 100 Internetnamen (Domains) das grosse News- und Pressenetzwerk der Casino- und Glücksspielszene in Europa.

Aktuelle News, Interviews, Fotos und spannende Stories - direkt und live aus den Schweizer Casinos, der Spielbankenszene Deutschlands, über das monegassische Casino von Monte Carlo, weitere Casinos aus ganz Europa und der ganzen Welt finden Sie auf www.casinos.ch. Und last but not least natürlich auch aus der Sin City 'Las Vegas'.

Die Informationen sind unterteilt in die Bereiche Casino-Informationen, aktuelle News, Events, Jackpot und Tournament-Informationen, Fotogalerien, Live-Berichte und Interviews.

--- Ende Artikel / Pressemitteilung USA Could Have Regulated Online Gambling Soon ---


Weitere Informationen und Links:

Weitere Nachrichten der Gaming-Branche