US Online Poker Bill Passed By Federal Lawmakers

US Online Poker Bill Passed By Federal LawmakersOnline poker in the US received a massive boost yesterday, after lawmakers overwhelmingly voted in favour of a bill designed to regulate online gambling.
Congressman Barney Frank’s HR2267 bill was debated for hours and received 14 amendments before ‘The House Financial Services Committee’ finally approved the legislation by a margin of 41 for to 22 against.
One of the amendments which helped swing the vote in favour of online gambling was the disclusion of sites currently  flouting Internet gambling laws, such as Full Tilt or PokerStars, from ever being granted business licences in the future.
Additional amendments required online players to be  at least 21 years of age, as is the case with land based casinos and not receiving child support payments.
Also, measures to prevent online gaming sites from advertising to minors or problem gamblers would be put in place, and deposits by credit cards would be prohibited.
The final amendments proposed the creation of a statistics database, and that all sites licensed by the US would be located and stay within the country.
The bill’s passing is being hailed as a minor victory for the human rights of online gamblers. Poker players will also be excited by the prospect of thousands of US players entering the market in the future, bringing a flood of money with them.
After the HR2267 was passed by the House Committee, PPA Chairman Alfonse D’Amato said:
“I’m glad the Financial Services Committee today overwhelmingly chose to act and protect Americans as well as preserve the fundamental freedoms of adults and the Internet.”
In reality, however, the politicians themselves will be more concerned with finding a way to regulate and tax the industry in order to bring relief to cash-strapped state budgets up and down the country.
The bill is just one in a series of steps needed to legalize online gambling in the US and will now likely be tacked onto a bigger bill and brought before the House later on in the year.

Other news:   Multi-state online poker compact bill introduced in Pennsylvania

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