Harry reid online gambling bill
Yet, there are numerous reasons why both Democrats and Republicans ought to support the decriminalization of online gambling. If lawmakers truly believe in those ideals then they ought to support legislation overturning a ban on Internet gambling. The brick and mortar gambling industry want a clean slate. It also means starving Tilt and Stars of hundreds of millions of dollars a year.
American players continued to gamble online for money, but through riskier venues with fewer protections.
Moreover, it is not government's proper role to dictate what activities private individuals may or may not engage in. The result was simply that companies moved offshore. During the midterm elections, Republicans stumped for reducing the size and scope of government, lowering taxes, and freeing individuals and businesses from overregulation.
Michelle Minton is the director of insurance studies with the Competitive Enterprise Institute where she advocates for economic and individual liberty. Overturning the ban on Internet gambling is the right thing to do and beneficial for all political parties. This is truly a masterpiece for the brick and mortar gambling industry.
Gambling Industry Writes Harry Reid s Online Gambling Bill
Senate Majority Leader Harry Reid, once an opponent of online gambling, is now circulating draft legislation to legalize Internet poker. And from a practical perspective, Reid's proposal provides a good opportunity for Congress members from both parties to turn their stated commitment to bipartisanship into substantive change. In addition, online gambling, if legalized, no deposit casino bonus no wagering could be taxed like any other economic activity.
Another matter to consider is that the large operators can easily kill off any U. After three years, the Commerce Department can determine to allow commingling of the U. In many countries their efforts would not be viable businesses. Even Warren Buffet would consider that a considerable amount of money. Now that's change we can believe in.
Legalizing Online Gambling Is A No-Brainer
For Democrats, legalization increases personal freedom of choice and improves international relations. But on the surface they have to make it appear as if the market is completely open as long as you follow the rules. This could provide millions of dollars in tax revenue, invigorate businesses and create thousands of jobs.
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