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Could he be Leaving?

The online casino gambling issue is finally making itself public in Congress this month, and as the discussion begin, there is still speculation that any form of counter UIGEA legislation could take several years to pass. One of the biggest factors preventing new regulations for foreign online casinos in the US market has been the disapproval and vocal opposition of Harry Reid, the Senate Majority Leader. Reid is openly against all of the current attempts to legalize and regulate internet gambling and has openly noted that he will sabotage and veto any new legislation that makes it that far. This has been particularly frustrating for supporters of a regulated US online gambling market.

The latest speculation though indicates that Reid may not be around long enough to veto new online casino gambling legislation because there is not an overwhelming amount of support for Reid in his home state of Nevada. Reid is up for reelection and although this Senate Democrat does have some support in the state, he also only has a 38 percent positive approval from residents; this could make reelection particularly tricky. Reid is a strong supporter of land gambling interests, and since the land casinos have not come to a positive conclusion on the online gambling industry, Reid also has not openly supported any pro-internet gambling regulations.

But if he doesn’t stay in office, that could mean a much better chance of the Senate approving new online casino gambling regulations. The Senate would still be very, very far from a sure bet, but that would be one major obstacle overcome.