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Experts: Legalized online gambling in U.S. unlikely in 2010

 
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Douglas Schulek-Miller
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Experts: Legalized online gambling in U.S. unlikely in 2010

The online poker community has plenty of reason to celebrate with the recent Treasury Department and Federal Reserve decision to delay implementation of the UIGEA by another six months. But a panel of experts assembled by the American Gaming Association says that we should all curb our enthusiasm when it comes to the prospect of full legalization and regulation in the near future. Of the 17 experts surveyed by the AGA, only one thought that passage of Rep. Barney Frank’s legislation to legalize and regulate many forms of online gambling, including poker, was “somewhat likely.” Even Sen. Robert Menendez’s bill, which would legalize and regulate online games of skill such as poker, only had five panel members willing to say it was “somewhat likely” to pass in the next year. Many of those surveyed said they doubted the United States would be able to lure online gambling operators to the United States because of the low operating costs and taxes in offshore havens like the Isle of Man. And all of them cited the number of pressing issues on Congress’ agenda such as health care, which are more likely to be worked out than any legislation legalizing online gambling. Among those who doubt online gambling will become a reality is Harrah’s Entertainment senior vice president of communications and government relations Jan Jones, who said that Frank’s bill “has no chance of passage next year or maybe ever.” Jones held out some hope for Menendez’s legislation, though, since it would do wonders for the Harrah’s-owned World Series of Poker. (Experts say online gaming in U.S. is still a long shot - Las Vegas Sun) source: http://news.bluffmagazine.com/poker-news-headlines-nov-27-2009-8364/



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