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Internet Gaming is Hypocritical

When the UIGEA passed back in 2006 there was a lot of just blatant support for the bill without any further thought about what the bill was actually creating. Congressmen were touting the illegality of the online casinos and yet supporting the internet gambling through Fantasy Sports, betting, and a few other mediums. Representatives from the industry have long asked Congress and the US federal government for more specific reasons about why these such forms of internet gambling were legal and yet games of poker and chance were so specifically barred. No one has had a good answer to that question and Congressional Representative Earl Blumenauer just this month released a statement noting that the Congressman was changing his stance on the online casinos and would now support efforts to fully legalize and regulate a US internet gambling industry.

Blumenauer’s about-face was detailed in a statement to the media, the online casino gambling industry and fellow politicians. In the statement Blumenauer makes a bold move and denounces the UIGEA by calling it hypocritical and noting that the US could seriously benefit from the cash infusion that taxation of a regulated internet gambling industry could bring. This attitude is very sudden and really does herald a needed change in the way that politicians were approaching the online casinos – the Oregon Representative attended the Ways and Means Committee hearing last week that thoroughly debated and discussed Jim McDermott’s new bill that will place government imposed taxes on a regulated internet gambling industry.

McDermott’s bill nicely compliments Barney Frank’s bill that seeks to neutralize the UIGEA and fully outlines the steps necessary to legalize, regulate, and license domestic and offshore online casinos for entry into the US market.