A pessimistic view from insiders polled by the AGA
Casting the shadow of pessimism over the prospect of US legalisation as the week ended was an article in the Las Vegas Sun, which reported on a survey of 17 Internet gambling experts carried out by the American Gaming Association, which itself is maintaining a neutral stance on the issue.
The consensus appears to have been that the chances for both Barney Frank's and Robert Menendez's online gaming bills passing are slim.
"Most think Congress has too much on its plate with health care reform, budget deficits and the brewing climate change mitigation fight to consider any gambling measures next year," the newspaper reports. "In addition, some suggest lawmakers won’t want to choose sides on gambling issues in an election year."
Of those polled, only one considered passage in the next year of Barney Frank's bill “somewhat likely,” with most considering it “somewhat unlikely” or “very unlikely.”
Senator Robert Menendez's less ambitious proposal to legalise, regulate and tax games of skill such as poker fared a little better, with five of the experts opining that it would be “somewhat likely” to pass in the next 12 months, but most say it’s unlikely.
Jan Jones, senior vice president of communications and government relations at Harrah’s Entertainment, was definitely pessimistic, telling the Las Vegas Sun that Frank’s bill has no chance of passage next year or maybe ever, despite the formation of an interactive division by her company. She too felt that the Menendez’s bill has a better chance, something that would benefit Harrah’s, which owns the World Series of Poker.
The newspaper reports that Americans are estimated to have wagered $5.9 billion online in 2008 despite the UIGEA, and most of the AGA experts think the market will grow to between $8 billion and $20 billion within five years.
"Many are skeptical that the United States would lure companies operating offshore because of lower tax rates and operating costs elsewhere," the article notes.
On a more optimistic note, Michael Waxman, a spokesman for the Safe and Secure Internet Gambling Initiative, told the newspaper that the level of online play has been underestimated and that lawmakers will soon realise how tax revenue generated by online gaming can help fill numerous budget holes.
Waxman added that Frank’s legislation has support from 63 co-sponsors so he’s not counting out the possibility that the issue would be aired next year.
A pessimistic view from insiders polled by the AGA
All News Categories
- General Gambling News (6875)
- Gambling Law & Society News (3451)
- Casino Games (3081)
- Casino Software (2923)
- Land Based Casino News (461)
- Promotions & Bonuses (304)
- Casino Banking (200)
- Casino Tournaments (111)
- General Poker News (53)
- General Sportsbook News (41)
- General Bingo News (38)
- LCB News (37)
- LCB Approved Casinos (21)
- Casino Warnings (18)
- Bingo Software (11)
- Bingo Games (9)
- Predatory Terms (6)
- Online Poker Tournaments (5)
Most Viewed ArticlesSee all
Live activity feed
" Hey-hey-hey! New contest's on the way! :) So, today's question is: Do you remember your first time playing at an online casino (no brand title required)? When was it? What game were you playing? Why did you decide to start playing? Did it change your life? :D (Sorry, if it requires a long story. You can cut it ;)) All of LCB'ers are welcome to participate, but only 10 luckiest of you will be granted the Freespins. The winners will be chosen randomly tomorrow, so hurry up! LimoPlay Casino Team wishes you a great day!"READ
"Happy Hours Every Wednesday between 15:00 - 17:00 CET / You need to make a deposit at least once a week. Every Wednesday you will receive 10 free spins, that can be used in Attraction, Lights, Pyramid: Quest for Immortality, Starburst. 2.1. You need to make at least one deposit 6 days prior, counting from Wednesday (between Wednesday 12:00 am & Tuesday 11:59 pm)."READ
"Spook-tacular times lie ahead at NextCasino: Halloween Giveaway, starting 26th October “Trick or Treat?”: That’s the motto of NextCasino’s Halloween Giveaway. Ten lucky players will be treated to 1.000 free spins each on fittingly themed Play n’Go slot machine Happy Halloween. To enter the raffle, players simply have to deposit at least £$€30 or play 200 rounds during the promotion period, which starts on Wednesday,26th October and ends on Sunday, 30th October. The more doors you visit on Halloween night, the higher your chances of treats. The very same applies during NextCasino’s Halloween Giveaway promotion. The more players play or deposit, the more tickets to our raffle they receive. Further information on this promotion can be found by following the link below: NextCasino Halloween "READ
"NextCasino - Halloween Giveaway!Starts on Wednesday, 26th October Ends on Sunday, 30th October.To take part in this promotion you must either deposit €30 or play at least 200 real money rounds on our slots during the promotion period. Slots rounds must include all available paylines.For a deposit to qualify for the promotion, it must be turned over at least 3 times on our slots games.Only one account per person is allowed to enter the promotion.The results of the raffle or any other decisions taken by NextCasino management regarding this promotion are final and may not be contested.All winnings from the free spins must be turned over 30x before withdrawal.The winners of the free spins will be notified via email within 48hrs."READ
lcb activities in the last 24 hours
- new members
- members online
- guests online
- new posts
- free games played