Peter King Introduces New U.S. Internet Gambling Legislation

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Here we go again. New internet gambling legislationwas introduced in the United States on Thursday. Congressman Peter King (R-NY, pictured) is spearheading the latest effort, which according to the Poker Players Alliance (PPA) “would empower states to license intrastate online poker and casino-style games under appropriate Federal regulatory oversight.” This is the first internet gambling legislation introduced in the new Congress.

PPA Chairman Alfonse D’Amato commented in a press release sent out on Thursday, “On behalf of the PPA membership and millions of poker players in the United States, I thank Congressman King for his commitment to protecting Americans’ freedom to play poker on the internet. States are already moving to regulate online gaming. In order to avoid a patchwork of state laws that limit player pools and provide consumer protections only to Americans in those states, it is time for Congress to step up and pass Federal legislation.”

Nevada, New Jersey, and Delaware all have various forms of legalized online gambling, and more states like California and Iowa are beginning to follow suit. To date, only one regulated online poker site is up and runningUltimate Poker – with Caesars’ owned and operated WSOP.com reportedly the next to come online.

States can opt out of King’s billwithin 120 days of its passage, but it won’t preclude them from setting up their own intrastate internet gambling networks. The PPA added that the bill “allows equal access to licenses for all providers, including Indian tribes and lotteries.” In Delaware, for example, the state’s lottery has been charged with implementing internet gambling.

Safe and Secure Internet Gambling Initiative spokesperson Michael Waxman gave his two cents on the newest internet gambling bill: “I’d be shocked if Congress didn’t move quickly to consider this new legislation, which is desperately needed to create uniformity across the country and protect consumers regardless of where they are located. Rather than cede the regulation of internet gambling to state lawmakers, Congress should ensure there is consistent oversight of this industry and move to generate significant new revenues without having to raise taxes or cut programs.”

Speaking of movement on Capitol Hill, the bill is similar to one passed out of the House Financial Services Committee in mid-2010 by a nearly 2:1 margin. However, the bill failed to gain any momentum after that. Meanwhile, the PPA has turned its focus to various online poker bills on a state level.

King’s legislation does not permit online wagering on sports and allows for existing intrastate online gambling to continue. It mandates that player balances be segregated from operating accounts, and taxation under it will be outlined in a separate bill. All licenses are for five years.

Additionally, unauthorized operators are fined their proceeds from U.S. players or $1 million per day, whichever is greater.

Waxman added in a press release, “Without consistent regulations, Federal and state governments are being deprived of valuable tax revenue, while offshore internet gambling operators continue to benefit from an uncertain and untaxed marketplace.”

King’s legislation is called the Internet Gambling Regulation, Enforcement, and Consumer Protection Act. You can read its entire text by visiting the PPA’s website.

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23 COMMENTS

    • US only sucks. One of the most fun things about online poker is that they can be from anywhere around the world.

    • Another peice of garbage “isolationist” CRAP Bill coming out of Washington ! Guess I will be stuck south of the border for a long time to come it seems 🙁

    • US only sucks. One of the most fun things about online poker is that they can be from anywhere around the world.

      I agree, but hopefully they can amend it later to open it up to playing against other countries.

    • I agree, but hopefully they can amend it later to open it up to playing against other countries.

      This

    • This

      “This” is exactly what they want you to accept. “This” will allow them to continue to do whatever they want and we just accept it and hope it changes or gets fixed in time which would take literal decades to fix at the rate Washington accomplishes things. NO! “This” is UNACCEPTABLE !

      If we are going to do it then do it right, fair and balanced and set up for the longterm success of the game itself. We all need to stop being so short sighted and make them do the right thing.

    • I think you all dont understand your own language over there ! And i need some US players at the tables fast !Define gambling at dictionary.com.1,the activity or practice of playing at a game of chance for money or other stakes.2.the act or practice of risking the loss of something important by taking a chance or acting recklessly: IF YOU DON´T BACK UP YOUR DATA, that’s gambling.GAMBLE1.to play at any game of chance for money or other stakes.2.to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice.verb (used with object)3.to lose or squander by betting (usually followed by away ): He gambled all his hard-earned money away in one night.4.to wager or risk (money or something else of value): to gamble one’s freedom.5.to take a chance on; venture; risk: I’m gambling that our new store will be a success.noun6.any matter or thing involving risk or hazardous uncertainty.7.a venture in a game of chance for stakes, especially for high stakes.Now a gambler doessn´t need a poker game to gamble. He can do it on a sports game, the weather forecast or just by flipping a coin.Now i dont see the sports world, nor the weather forecast, or the coin factory, going thru a black friday any time soon.Then why is this happening to me ?!?Poker is a game of skill ! Its part of ur culture. Like bearing arms it should be ur constitutional right to play against me !

    • lolz at the bought and paid for leeches in DC doing anything to support personal freedom…whats in it for the politicos? is PPA gonna drop a few million in “donations”? If not, bills like this are just spectacle to keep the plebs amused.

    • B.O.H.I.C.A.

      Still just a carrot dangling in front of the donkey. Maybe just a nibble to keep us plodding along for a while longer…

      That being said, take what we can get right now??

      Why the F did i move from NJ to Kansas… miss you borgata. See you on vacation this summer…

    • “This” is exactly what they want you to accept. “This” will allow them to continue to do whatever they want and we just accept it and hope it changes or gets fixed in time which would take literal decades to fix at the rate Washington accomplishes things. NO! “This” is UNACCEPTABLE !

      If we are going to do it then do it right, fair and balanced and set up for the longterm success of the game itself. We all need to stop being so short sighted and make them do the right thing.

      Actually, ^ THIS lol.

      I hear what you are saying dude. Playing only against US players will suck big time. They are taking the international aspect out of the game. Again trying to control everything. I most likely will not be living in the US for much longer so whatevs.

    • I think you guys are way underestimating the size of a US only poker market. There is a reason Pokerstars took the risk and stayed in the US after UIGEA. It would get WAY bigger if it were regulated. Can you imagine how large US Pokerstars could be if they could overtly advertise in the US? The best thing about the bill is no bad actor clause. Lets not let the perfect be the enemy of the good, and support this bill!

    • Get over it. Anything is better than this environment.

      US players are terrible and the door will open for an international market in the future.

    • great a shitty bill that allows only us players to beat each other up. WTF the USA just doesn’t get it!

    • just wasting our time with stupidity. Two years since black Friday and this is what we are looking at. The PPA is useless (just saying)

    • “…appropriate Federal Regulatory oversight”. The usual ineptness of the Feds should not be discounted. Unexpected & idiotic regulation by an agency staffed by political appointees who will certainly have no understanding of or experience with Internet gaming is sure to follow.

      Besides, Intrastate is just a lot of effort for a certain fail. PPA is fighting for a play that will only net us 9 yards when we need 10 yards for a first down.

      Why not “international” AND “intrastate”? As long as the Feds want to get involved let them add some value in this regard. Have the Romanian grinder help pay a New Jersey elementary school gym teacher’s salary.

      We live in a global economy. Amazon & eBay are not intrastate & would fail if they had to be. Gaming is just another business. Forget the frigging land based Casino model with all the incumbent legislation. Just as Amazon is killing the land based big box stores like Best Buy, the Internet will surely kill most casinos. But I digress….

      I am resigned to watching & waiting for Nevada’s failure to drive the point home.

      F@&king pull your head outta your ass PPA and find someone who can sort out the mechanics of international gaming legislation and taxation. The US has the best Universities in the world teaching game theory and teaching international business. Give the problem to some gifted Stanford dual major law/finance grad student. Have Pokerstars fund him of her.

      I personally can not fathom anyone including the PPA being talented enough to present attractive legal and financial mechanics that would be appealing to those concerned. Most new enterprises are the product of charismatic uniquely gifted visionaries. Governor Christie of New Jersey would be just the ticket but I don’t think the timing is good for him (presidential bid) and I think he is not completely won over by Internet gambling. PPA should be running Christie a coffee & a donut every morning.

      I know I am rambling but these press releases just put me on tilt. My yet to be born grandson has a god given right to play cards dammit. I want him to someday have the freedom that I do not.

      Fade out… Stars & Stripes plays in background.

    • Ok. I feel calmer.

      In a concession to constructive criticism, I will acknowledge that this legislation is like always firing at the pot. It is a bad play but eventually you will take one down.

      So, thanks for the effort!

    • Poker is not a game of chance, it has an element of chance. Proven game of skill.
      No skill at roulette or baccarat for instance.

      Something is better than nothing, but it sure looks like it’s going to be a while before all the top players in Canada, Mexico, here in Costa Rica… are going to be playing Stars from the U.S. and all the American fish with money can face the world again. Damn Gubment!

    • “This” is exactly what they want you to accept. “This” will allow them to continue to do whatever they want and we just accept it and hope it changes or gets fixed in time which would take literal decades to fix at the rate Washington accomplishes things. NO! “This” is UNACCEPTABLE !

      If we are going to do it then do it right, fair and balanced and set up for the longterm success of the game itself. We all need to stop being so short sighted and make them do the right thing.

      THIS