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Other Concerns for Online Casino Bill

The United States is in one hot mess right now as the Obama administration tackles the host of problems and issues that Bush administration left behind. The failing economy is just one part of the problem and now health care reform and the online casinos are all other issues that are taking the focus of the federal government and members of Congress. Out of the three mentioned it’s very likely that the online casino gambling industry is going to receive the shaft in terms of consideration because of the high priority nature of the gambling industry. Tony Cabot, an expert within the internet gambling industry has highlighted his very thought-provoking opinion on just why Barney Frank’s internet gambling legislation is not going to pass through Congress in the near future.

Cabot outlined that the Democrats are remaining cautious at giving the Republicans any more fuel with which to rally against the Democrats and their health care reform. There are additional considerations that relate to the land gambling interests in the US as well as the current online casinos operating in the US market. Throughout all of the current debate on the US internet gambling industry the Senate Majority Leader Harry Reid from Nevada has remained silent on his position on Frank’s legislation. Reid’s position on situations reflects the interests of the US land gambling industry and there has been no firm opinion on the online casino industry yet from land based gambling companies. Until the land gambling industry takes a position in the internet gambling debate Reid will likely remain on the fence.

Additionally, the current online casino gambling companies operating in the US market are hesitant to support regulation of the market because these gambling companies will likely not receive licensing from the federal government because they chose to continue servicing the US market. The existing gambling companies are just looking to keep the current status quo.