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Online Casino News:
More Online Casino Legislation
by Joanne R Monday August 10, 2009 at
9:54 PM
Interestingly enough, it wasn’t that
long ago that you throw a shoe in a room
full of politicians and not hit anyone
who was interested in supporting a bill
that would make online casino gambling
legal. For a long time it was Rep.
Barney Frank going it alone in an
attempt to get legislation approved that
would make it legal again. Yet, here
were are a few short months later and it
seems that the closer it comes to being
legalized the more people that are
jumping on board the online casino
bandwagon.
The latest is Senator Robert Menendez of
New Jersey who has started his own bill
to make online casino gambling legal
again. His focus is on those online
casinos that offer poker however, and is
really putting his efforts into that
arena. His bill would make it legal for
players to go to the online casinos and
play poker, whereas Frank’s bill makes
all online casino gambling legal again
except for sports betting.
The new bill would take the aspect of
online casinos that offers poker and
make that part legal and regulated.
There would be a ten percent tax
collected whenever a player makes a
deposit into an online casino account.
That tax would be divided between state
and federal governments and would be
paid instantaneously.
Some say that this is Menendez’s way of
working from the Senate side while Frank
works the House of Representative side –
with both really just trying to get
online casino gambling legalized again.
Either way financial institutions are
bound to support the online casino
legislations as they are tired of
bearing the brunt of keeping it illegal.
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