With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say [...]
Congress is considering legalizing Internet gambling
July 28th, 2010 No Comments
Tags: Barney Frank · Brad Sherman · internet gambling · Jim McDermott · Spencer Bachus
UIGEA Hearing Highlight
April 2nd, 2008 1 Comment
The Congress held the hearing about online gambling and the UIGEA which currently prohibits online gaming by forcing the financial institution to block financial transactions that are going toward internet gambling. Today’s hearing, a summary of which is available in all it’s glory by PPA including videos, supporting materials and even transcript coming shortly. We [...]
Tags: · Brad Sherman · uigea
