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Online Casinos Depend on Reid's Voters

Congressman Barney Frank has spent several years developing an online casino gambling bill that would repeal the controversial UIGEA and bring regulation and licensing to the US market. For the first time ever the pro-internet gambling bill has made it through a part of the House and one of the key obstacles it will face is Senate Majority Leader Harry Reid. Reid is a strong democrat who would seeming support Frank’s efforts for regulating offshore online casinos, but that is just on the surface, to win the Senate the internet gambling industry will have to have the support of Nevada voters and the Nevada land gambling industry. Reid is hugely affected by the land gambling industry and his position in the Senate is directly tied to support from Nevada’s land gambling industry, which means he will vote in line with what these companies want.

The land casinos all over the US have had mixed opinions on the online gambling situation. There was a lot of opposition at first as the land gambling giants feared that a full US internet gambling industry would make the land gambling sites obsolete and pull revenues from these companies. In the intervening years, however, since the UIGEA was passed many land gambling groups are beginning to support the internet gambling industry and see the potential in expanding land gambling industries into the online casino market.

The opinions are still very much divided on the situation so the online casinos and the pro-internet gambling politicians have no way of knowing right now whether or not Reid will support Barney Frank’s HR 2267, or whether he will oppose the new bill at the request of the US land gambling industry. As the Senate Majority Leader he will have a huge influence on whether this bill finds support in the Senate.