Skip to comments.Web gambling gets boost from Obama administration
Posted on 12/25/2011 8:45:19 PM PST by Nachum
(Reuters) - The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.
A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.
Until now, the department held that online gambling in all forms was illegal under the Wire Act of 1961, which bars wagers via telecommunications that cross state lines or international borders.
(Excerpt) Read more at reuters.com ...
The Federal Government is the Mafia.
Obama wants to permit and tax it — rotsa ruck on the taxing end. It’s another re-election bid for the Bummer because even Mitt is likely to say this is wrong, and it’s also not likely Congress will formally open the loophole. It would be easier to get Federally legal medpot, which maybe California users are looking the wrong way for. If all medpot were grown in DC, in green facilities overseen by Michelle, maybe Obama would be perfectly copacetic with it.
The list, Ping
Let me know if you would like to be on or off the ping list
next thing you know, they will legalize pot and crack so they can tax it, and use the “revenue” to pay for more solyndras and more health care hijackings.
you don’t need a healthy economy to finance your socialist programs of you don’t care what happens to your citizens.
Bread and circuses for the masses...
Any computer people here want to get in on this?
Wonder if Obama popularizing this would give an unexpected boost to Ron Paul? He’s such a fox.
The GOP’s ill advised bill banning internet poker in the runup to the 2008 election may have been the deciding factor in some close House races. It certainly didn’t help, at any rate.
I’m in favor of this. Gambling should be legal.
Some who don’t particularly care about the sin aspect of gambling might care about the ease with which electronic international gambling might enable international money laundering. Set up some bogus gambling house overseas, “lose” a bundle to it, and voila, money laundering. Easing up on domestic interstate and Indian reservation gambling might be a different story. That’s much easier to monitor, and also to tax.
I believe the bill was created based on a WTO ruling against the US of A and had we not taken such a step, a few islands would get the right to ignore US copyrights (legitimately, not that other nations would respect them anyway). The crux of the matter was that the US could not ban international gaming but allow it domestically. The question for the _Resident would be, "what changes have happened to make international electronic gambling a good thing for US to have?"
The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.
What kind of idiot would play online poker and NOT assume he was playing against computers across the web?
Speaking as a former prosecutor, shutting down online gambling is ridiculous and Federal overreach. Many other Nations handle it just fine and it creates little societal problems.
Legalize it. It worked just fine when online poker was permitted.
You are correct except for one thing, it was the 2006 race and it was one of the deciding factors in why we lost. The government has no business telling us we can't gamble.
I would love to play poker against a computer.
That was Bill Frist bill to make it illeagal in the first place. Telling people whos money has been taxed about 6 times that they can’t play penny poker over their own computer with their own money in the comfort and privacey of their own over taxed home.Is why the republicans with their holier than thow horseshit attitude never get a second look from independents.
Or telling some vet who just got his legs blown off from fighting for 5 dollar a gallon gas that he may get arrested for betting 25 cents on an inside straight to pass the time away is why the Perrys,Sanotrum, bachmans of the world will never get my vote.
I’m always amazed at how otherwise-sane people on FR, who believe “MIND YOUR OWN BUSINESS” should be our first words spoken when talking to the government, will howl about the sins of gambling.
Freedom means being free to do whatever the hell you want, so long as you don’t interfere with the rights and freedoms of others. People used to say, “Your right to swing your fist ends at the tip of my nose” before the Nanny State Mentality took hold. (And too many here suffer from that affliction.)
If I want to play online poker, then LEAVE ME THE HELL ALONE! It’s my money and my choice. I don’t believe the games are rigged, but it’s none of YOUR DAMN BUSINESS if they are. If you don’t like it, don’t play. And don’t tell me what to do or what not to do.
There would need to be a certification agency with suitable stature for foreign houses. The question also arises how can players know whether other players against them in the same rounds are counting cards? It has to be assumed they are, and for odds to be set accordingly, meaning it’s impossible to simulate non-counted games (unless for practice only, no stakes).
I suppose, if stupid people want to waste money and maybe get a virus or two in the bargain, it’s perhaps sufficient to warn them in advance. (Although even then there are antisocial aspects, like what is this likely to do to computers close to them, or that other people use.) But if foreign houses that play for stakes remain banned but state lotto plays are allowed online within a state, however, it should not be any further skin off of anyone’s nose if similar plays are allowed state-to-state, or state-to-Indian-reservation.
If you want to physically visit Monte Carlo and blow a fortune and that floats your boat, well it does pose a puzzle with what happens with your dependents whose boat was torpedoed in the process. The US being the US, it will until it becomes politically/financially impossible put these dependents on various welfare program. Debtors prisons being gone with the Bill of Rights, it’s not like you will be stuck into one to try to make up the shortfall either.
But I see a more practical problem, and it’s one that a Republican administration and Congress can’t make go away. It’s the problem of money laundering. By gaming and losing to a storefront, one can transfer just about any amount of money in an unaccountable manner. OK, so you feel copacetic with drugs furnished under prescription quality supervision and arrangement (as I would too). I don’t feel so copacetic with funding Bubba Jihad’s violent little international mission mounted from Pakistan or Saudi Arabia. Nor do I feel that as long as Mexico still has drug cartels for whatever reason, we should feed them with guns.
None of this prohibits personal meetings. If there is no exemption for computer-aided penny ante among people who have all physically met one another, then there ought to be one. This should be supported with real-money accounts up front, never credit cards.