Missouri's Congressional delegation is officially behind efforts to regulate online gambling on the federal level, after the state legislature passed an appeal to Congress to end the sports betting ban. Representatives William Lacy Clay and Russ Carnahan both have signed up to co-sponsor Barney Frank's bill outlining licensing and regulation for Internet gaming operators.The lawmakers criticized the UIGEA ban, saying it is disingenuous of the law's supporters to claim the prohibition will end US residents' patronizing online casinos. The UIGEA was compared to an ostrich-like head-in-the-sand method of dealing with the new reality of Internet gambling.
The Congressmen also were part of the group of federal lawmakers who successfully appealede to the Treasury to withhold implementation of the UIGEA until Comngress has a chance to address the situation.
"We should not be so naive to think that we are going to do away with gambling by passing that (UIGEA) law," Clay said.
"It's (online gambling) the kind of thing that requires clear rules and regulations so that it functions well," Carnahan added.
John Pappas of the Poker Players Alliance agreed, saying, "People are playing online by the millions. Whether you like it or not, the genie is out of the bottle."
The legislators also want the US to take advantage of the huge prospects to create revenue by regulating online gambling.
"I think $42 billion is a significant sum that the federal government needs to fund some of the programs that are worthy and that Americans benefit from," stated Clay, citing figures estimated by a PriceWaterhouse study to be the potential for a decade's taxation of Internet gambling.
Published on February 26, 2010 by A.J.Maldonado
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