Clock running for US Online Poker Regulations

An October 2 article in the Seattle Times by Ken Ritter highlights the unlikely prospect of Congress passing internet gaming regulatory laws this year.
A well known understanding in the gambling industry is the threats online wagering hosted by sites overseas pose to the casino industry in the United States. American Gaming Association chief, Frank Fahrenkopf, Jr. stated to reporters in Las Vegas that passing a measure such as one backed by Senate Democratic Majority Leader Harry Reid of Nevada and Republican Senator Jon Kyl of Arizona would need quick action during the post-election congressional session.

“We will need plenty of hard work and a little gambler’s luck to see a federal bill pass this year,” Fahrenkopf said during his annual state-of-the-industry media briefing at the Global Gaming Expo. “Obviously, nothing is going to happen before the election. That means a lame duck (session) is our last chance.”

Despite Fahrenhopf’s bleak outlook on legislation passing this year, his outlook on the future of internet gambling in the US is positive.

“No matter what Congress does, based on the growth trends … and the actions of the various states, it’s no longer a matter of if online gambling will be legalized in the U.S., but when, where and how,” he said.

Read the full article by Ken Ritter at http://seattletimes.com/html/nationworld/2019320796_apuscasinoindustry.html.

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