Online Casino Transfer: News - Zoeller Protests McDermott Bill

06/06/2010		Online Casino Style: News Zoeller Protest McDermott Bill
Home History Games News Dictionary		As the US House of Representatives take a close look at Representative Jim McDermott’s proposal to regulate the online gambling industry in the US, the support for the measure in coming in in droves. The latest news on the case’s development, however, has been one of opposition as the Attorney General for the State of Indiana sent a strongly worded letter to the House’s Ways and Means Committee, the same group that is currently looking at the regulation bill. While McDermott’s regulation bill was designed as a companion piece to the proposal drafted by Congressman Barney Frank on the legalization of internet casinos, it is being revered as an important playing piece in the continuing debate as the framework for how regulation would be effectively achieved is almost more important than the designation of ‘legal’ versus ‘illegal’ for online gambling as a market. Attorney General for Indiana, Greg Zoeller sent a letter stating that it was his duty to his profession to protect the American people from such a travesty, claiming that by passing regulatory laws in favor of online casinos on the federal level, the government would be pre-empting his state’s rights to pass their own legislature. Not to say that Zoeller is alone in his concerns, which were listed in the letter as well. Serious objections have also been raised by professional sports groups as well, who fear that the legalization of internet gambling – and specifically sports betting online – will result in the corruption of football, basketball…. all professional sports and likely on the collegiate level as well. Zoeller, who listed fear relating back to gambling addiction, underage gambling, ruined credit, and the potential for organized crime, was backed by majorly influential groups such as the NCAA and the National Football League. How much influence those bodies will have in the future has yet to be seen. For now, Zoeller will have to hope that his own voice will be strong enough to make a difference. "While serious objections to this legislation have been raised by those in professional sports, college athletics and other groups," he wrote to the Committee, "who warn that licensing online gaming will open the floodgates to gambling addiction by youth and adults, ruined credit and the potential for corruption and organized crime, there are other valid reasons to be concerned about this legislation."

06/06/2010

Online Casino Style: News
Zoeller Protest McDermott Bill

As the US House of Representatives take a close look at Representative Jim McDermott’s proposal to regulate the online gambling industry in the US, the support for the measure in coming in in droves. The latest news on the case’s development, however, has been one of opposition as the Attorney General for the State of Indiana sent a strongly worded letter to the House’s Ways and Means Committee, the same group that is currently looking at the regulation bill.

While McDermott’s regulation bill was designed as a companion piece to the proposal drafted by Congressman Barney Frank on the legalization of internet casinos, it is being revered as an important playing piece in the continuing debate as the framework for how regulation would be effectively achieved is almost more important than the designation of ‘legal’ versus ‘illegal’ for online gambling as a market. Attorney General for Indiana, Greg Zoeller sent a letter stating that it was his duty to his profession to protect the American people from such a travesty, claiming that by passing regulatory laws in favor of online casinos on the federal level, the government would be pre-empting his state’s rights to pass their own legislature.

Not to say that Zoeller is alone in his concerns, which were listed in the letter as well. Serious objections have also been raised by professional sports groups as well, who fear that the legalization of internet gambling – and specifically sports betting online – will result in the corruption of football, basketball…. all professional sports and likely on the collegiate level as well. Zoeller, who listed fear relating back to gambling addiction, underage gambling, ruined credit, and the potential for organized crime, was backed by majorly influential groups such as the NCAA and the National Football League. How much influence those bodies will have in the future has yet to be seen.

For now, Zoeller will have to hope that his own voice will be strong enough to make a difference. "While serious objections to this legislation have been raised by those in professional sports, college athletics and other groups," he wrote to the Committee, "who warn that licensing online gaming will open the floodgates to gambling addiction by youth and adults, ruined credit and the potential for corruption and organized crime, there are other valid reasons to be concerned about this legislation."