Have
the Tables Turned for Online Gambling?
As reported by the Legal Times:
"Although online gambling is illegal in
the United States, you'd never know it by looking
at the numbers. Last year alone 7.8 million
Americans logged on to Internet gambling sites.
"And
with the online gambling industry banking almost
$12 billion in revenue in 2005, some U.S. casinos
think the time has come to legalize Internet
gambling and cash in -- a position that was
considered all but unthinkable until recently.
"This
sea change has been a long time in coming.
"...One
big problem: Congress doesn't seem ready to
take that deal. In fact, some lawmakers, alarmed
by the growth of Internet gambling, are actually
pushing for a tougher online gaming ban that
would increase penalties and potentially force
U.S. casinos to stay off-line permanently.
"...The
long-simmering debate over online gambling has
heated up in Congress over the past few weeks,
becoming linked, oddly, to the lobbying reform
movement. Lawmakers opposed to online gaming
are tying their initiative to disgraced lobbyist
Jack Abramoff, using the scandal as a catalyst
to help pass their legislation.
"...The
chances of the gaming industry pushing through
favorable online gambling legislation in the
near term are slim, especially if the powerful
AGA (American Gaming Association) fails to come
out in support of such a measure..."
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