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Dear Mr. Allen:
Thank you for getting in touch with me to express your views on Internet gambling. As you know, Internet gambling sites provide avenues for many individuals to gamble on poker, blackjack, sports, and other activities. I agree with you that such sites provide a means for adults to engage in activities that many believe should be left to individual judgment and discretion. However, I object to the fact that many of these "casinos" are chartered offshore and therefore are not subject to the jurisdiction of U.S. tax authorities or consumer protection authorities. This is certainly an issue that Congress needs to address, and I will work to ensure that it preserves individual freedom while maintaining proper consumer protection. Thank you for writing to me about this important topic. I look forward to hearing from you again regarding this or other issues.
Sincerely,
Jim Cooper Member of Congress -
However, I object to the fact that many of these "casinos" are chartered offshore and therefore are not subject to the jurisdiction of U.S. tax authorities or consumer protection authorities.
they want what the rest of us want...power and money
there would be less rigged arguments if it were regulated by the govt -
I actually like that reply. He isn't saying ban internet gambling. He is saying regulate it.
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So why not bring those company's to the US and tax the shit out of them?
Oh right, Casino lobbyists. Those bastards! -
me and Adam are special!
Yeah the part about regulation is what surprised me. At least it seems more honest when he actually admits they want to be able to tax it -
Well....everyone knows how well government regulation works! Two examples: The Food Stamp program! At least no one is abusing that! Another: The oil industry: Just imagine how the price would rise if it weren't regulated! Ok Ok, for those who don't see it, I'm off the chart on the sarcasm meter! :)
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Casino Lobbyist Calls For Internet Gaming Study
By Tony Batt
Friday, April 28, 2006 8:39 AM CDT
Stephens Washington Bureau
tbatt@stephensmedia.com
WASHINGTON — The board of directors for the casino industry’s top lobbying group agreed unanimously this week to call for a one-year study of Internet gambling by a federal commission.
The action by the American Gaming Association Wednesday in Las Vegas is likely to hinder efforts in Congress to ban Internet gambling.
Frank Fahrenkopf, president of the AGA, said his organization remains neutral on legislation to prohibit online wagering.
But without the support of casinos, measures by Reps. Bob Goodlatte, R-Va., Jim Leach, R-Iowa, and Sen. Jon Kyl, R-Ariz., to outlaw Internet gambling face an uphill struggle.
“There have been great technological advances in the last 10 years, so we think it is important for a commission to be appointed to take a look at this and see if Internet gambling can be properly regulated,” Fahrenkopf said.
Fahrenkopf estimated there will be between $12 billion and $15 billion bet on the Internet this year, and 60 percent will come from U.S. citizens.
“Something has got to be done about this, and we need to know if technology exists that can protect young people, pathological gamblers and prevent money laundering,” Fahrenkopf said.
“We realize that a commission may conclude that Internet gambling still cannot be properly regulated,” he said.
The AGA’s support for a study mirrors the position of the Internet gambling industry.
“The Internet gambling industry will be delighted AGA has called for an objective study because this will show (Internet gambling) can be regulated,” said Joseph M Kelly, a business law professor at SUNY College in Buffalo who has authored regulations for online gambling sites in Antigua.
Sen. Mark Pryor, D-Ark., who has joined Kyl in trying to prohibit Internet gambling, said he would not support a one-year study.
“We don’t need another study to demonstrate what is already known to be fact. Instead, we need to enforce the laws already on the books that prohibit online gambling,” Pryor said in a statement.
Kyl and Pryor are seeking to attach an Internet gambling ban as an amendment to legislation in the Senate.
Goodlatte’s bill to prohibit Internet gambling has 131 co-sponsors in the House.
Leach’s bill, which would prevent the use of credit cards and checks to pay for online wagers, passed the House Financial Services Committee March 15 and may reach the floor by June.
“We never expected much support from AGA,” said Gregory Wierzynski, chief of staff for Leach.
http://www.swtimes.com/articles/2006...ews/news08.txt
This appears to be good news. -
Ah. All of that disguised by the "its ruining our families crap".
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