Still another bill has been introduced to Congress online that is regarding; but does it pass?
We have talked a great deal about how America will be waiting for a while before they have any federal action on online gambling regulation. That’s nevertheless likely true, but it isn’t because of a shortage of bills that could do the job.
Bills, Bills, Bills
The other day, Representative Jim McDermott (D-Washington) introduced a bill that would once again manage online gambling at the federal level, splitting tax revenues between the states that players live in while 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 in the same theme: federal oversight and legislation of at the least some forms of on line gambling.
McDermott’s bill is truly appropriate for 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 the money would head to their state or tribe in which the gambler is playing, while the other third would go to the federal government.
The bill is more comprehensive than the Barton bill, which would only use to online poker. States will be able to decide in or out from the online that is federal plan unde (more…)