New Legislation Threatens Online Gambling
On the 15th of February US Congressman from Virginia Bob Goodlatte reintroduced HOUR OR SO 4777, the “Internet Playing Prohibition Act. inch Goodlatte hopes https://bit.ly/3CODO3z to pass the bill, which will modify the earlier Title 16 of the united states Code containing the Federal Cord Act passed in 1961. The Cord Act banned telephone bets by making it illegal to place table bets by “wire transmission. inch
The exploding market of Internet poker rooms and sports books in recent years was possible only as a result of the ambiguity surrounding this is of “wire”. While opponents of Internet playing was adamant that the meaning included cable, satellite, and cellular technology, no court would uphold a confidence based on that definition. Goodlatte hopes to modify that by growing the Code to include all forms of electronic transmission, as well as to include different types of table bets.
Earlier attempts to pass the legislation were thwarted by the lobbying efforts of Jack Abramoff, according to Gooodlatte’s office. But Abramoff’s recent guilty pleas to fraud, tax evasion and conspiracy to entice public officials have added political capital to Goodlatte’s campaign.
According to Goodlatte “Illegal online playing doesn’t just hurt bettors and their own families, it affects the economy by draining dollars from the united states and serve as a vehicle for the money laundering, inch stated Goodlatte. “It is time to shine a bright light on these illegal sites and bring a quick end to illegal playing on the internet. inch
“But outlawing online playing won’t stop the game. inch says Will Catlett of Sportsbettingscams. org, a business watchdog site. “It will only drive it underground. If online playing is banned then the government will lose its capacity to legislate online playing policy and police it’s dangers, not to mention its capacity to tax the transactions. Goodlatte’s bill will do precisely the opposite of what it wants to do. inch
As of Come early july 2005, according to Forrester polls, there were over 300, 000 playing websites entertaining over 7, 000, 000 online bettors. While the bulk of traffic to these websites initially originated in the united states, that number is now around 40% as players are attracted from all over the world. If the bill is passed, the will get smaller dramatically, and shift its focus to other nations. Meanwhile, online bettors in the united states will be out of luck. “It’s amazing to me that this bill might just pass softly with no resistance. inch says Catlett. “Anyone who enjoys playing online should write their State Representative to tell them why this bill shouldn’t go through. inch.