Despite internet gambling having become a $12 billion industry Congress is still attempting to enforce or outright ban Americans participation in online gaming and toto sgp poker with the introduction of several new bills to committee.
Due to the “bet taking” side of online gaming being banned by the American government gambling proprietors have moved to offshore countries where gambling is still legal and with Americans projected to send approximately $6 billion to these companies this year several new bills have been passed on to Committee in what seems a vain attempt to ban the “bet-placing” side of online gaming.
Alarmingly, Congressman Jim Leach’s new bill, known as H.R. 4411, was passed through the House Financial Services Committee by a voice vote on 15th March. The bill looks to make it illegal for gambling operators to accept financial transactions in the form of credit cards, checks, wire transfers and electronic fund transfers (EFTs) and seems to be just one step on the road to an outright ban for Americans to gamble online.
Interestingly if the new bills are passed then not all internet gambling would be banned; state lotteries (although still gambling) will most likely still be able to sell tickets online, convenient for the state governments now so used to the huge amount of money generated from them. Horse racing also looks to be left out, being governed under another segment of US law.
Even though Rep. Leach’s bill has passed committee and now moves to the House of Representatives for consideration does not mean it will come to a vote. Many of the bills passing to the House do not reach any further and although there are many different reasons for this one main factor is public opinion.
There will be many Americans …