As you could have heard, Congress has taken a huge step toward banning most online gambling.
In place of trying to outlaw gambling sites, which may be impossible to do since virtually all are outside of the US, they want to make processing or handling payments illegal. The effect, gamblers would not manage to use credit cards, debit cards, as well as make direct transfers from US bank accounts to fund their accounts.
Supporters of the ban claim the Internet’s widespread availability makes it too easy to gamble and creates betting addictions and financial problems.
Internet gambling sites are estimated to take in $12 billion annually. Half of this $12 billion comes from gamblers in the US. Critics of the proposed law เกมยิงปลาฟรีเครดิต argued that regulating the industry and collecting taxes will be more effective than outlawing it. Prohibition didn’t work for alcohol. It won’t work for gambling.
The us government had an opportunity to regulate online gambling and make the most of the tax revenue. A current study estimates Internet poker alone, if regulated and taxed, could net the us government $3.3 billion each year.
But rather they’ve turned the financial institutions to the police. Additionally they propose to boost the utmost penalty for violations from two to five years in prison.
The 2 Republican representatives who sponsored the bill, Bob Goodlatte of Virginia and Jim Leach of Iowa managed to slide in exemptions for the horse racing industry and state lotteries. Not necessarily fair allowing online lotteries and Internet betting on horse racing while cracking down on other kinds of sports betting, casino games and card games like poker.
In several countries the federal government has chosen to regulate online gambling as opposed to ban it. It’s far more practical and besides, it is a form of recreation for several people.
Fortunately you will find still some thinking congressmen in Washington who have doubts about the bill’s effectiveness and have gone in terms of to call it a feel-good bit of legislation. A bill more about news-making than lawmaking.
A more effective approach should be to allow the industry to come quickly to the United States and regulate it. This can be a situation everyone who’s or has gambled online may wish to keep an eye on.