02/12/2010

Online Casino Style: News
Me, Too, Says Missouri


 

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Yet another American state has joined the rush to attempt to legalize sports betting before the final enforcement of the Unlawful Internet Gambling Enforcement Act (UIGEA) this coming summer. While New Jersey and like-minded progressive states have been vying for the permission to offer some sort of online gambling for some time, Missouri now joins the pack, with politicians jumping on the bandwagon, attempting to utilize sports betting as a solution to increasingly difficult taxation and budgetary strains.

The move in Missouri is a proposal to repeal the Federal Professional and Amateur Sports Promotion Act (PASPA) of 1992, a decision that if successful would legalize sports betting in the state. State Representatives Jason Grill and Mike Colona are the leaders for the bill, tabling the House Concurrent Resolution 22. They agree with New Jersey that the limitation of legal sports betting to just four states is discriminatory against the other 46 in the Union. Their proposal follows closely a similar order presented to the Iowa Senate just this month.

According to some estimations, should Grill and Colona succeed, the repeal would bring in millions in tax funds, much needed money for the state’s budget. Last year alone, an estimated $81.5 million was bet on just the Superbowl. As the bill is only now entering the political arena, it could well take months before the proposal is set to a debate and vote, with the internet gambling community hanging on for more information. If states like New Jersey, Iowa and Missouri are successfully, many believe that it would bring the movement just one step close to the overturning of the UIGEA as a whole.
 

 

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