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Internet gambling can be regulated

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The gaming industry's Washington, D.C.-based lobbying group has reversed course on its view of legalized Internet gambling and now believes the technology exists to allow the activity to be regulated at the state or federal level. In a new policy statement, the American Gaming Association said it was open to the concept of legalized Internet gaming, as long as a regulatory structure was in place to protect consumers and the game's integrity.

But the organization, which represents the bulk of the nation's casino operators and slot machine manufacturers, has not taken a stance on any of the bills currently floating through Congress that could legalize all or some forms of Internet gaming, estimated to be a $26 billion a year industry.

:dirol
Join: 2006/12/07 Messages: 29893
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Manne wrote: The gaming industry's Washington, D.C.-based lobbying group has reversed course on its view of legalized Internet gambling and now believes the technology exists to allow the activity to be regulated at the state or federal level. In a new policy statement, the American Gaming Association said it was open to the concept of legalized Internet gaming, as long as a regulatory structure was in place to protect consumers and the game's integrity.

But the organization, which represents the bulk of the nation's casino operators and slot machine manufacturers, has not taken a stance on any of the bills currently floating through Congress that could legalize all or some forms of Internet gaming, estimated to be a $26 billion a year industry.

:dirol
Very informative,thank you very much for the information.
Join: 2008/10/24 Messages: 171
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mexican wrote: Very informative,thank you very much for the information.
[FONT=Franklin Gothic Medium]Very interesting. Didn't one of the brick-and-mortar rooms start making moves towards establishing their own online gaming room or network?[/FONT]
Join: 2008/12/20 Messages: 856
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SycoSteve wrote: [FONT=Franklin Gothic Medium]Very interesting. Didn't one of the brick-and-mortar rooms start making moves towards establishing their own online gaming room or network?[/FONT]
Itd be rediculous for them not to, if they have the capita to back an online room.
trouble is i can forsee another flood of new rooms on the internet, course that might not be a bad thing. lol.

Wouldnt suprise me if a few new networks popped up if the door was opened in the usa. theres just tOO much freakin money flyin around for there not to be.

The only thing that worries me is how they will go about taxing gaming revenues.
Join: 2008/07/17 Messages: 46
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