US Justice Department Says Online Gambling Could be Legal |
Joined: 11 Mar 2006 Posts: 103512 Likes: 49102 Location: Gambleville 3356621.10 NLN Dollars
Tournament Dollars
|
Justice Opinion Finds Room for Web Gambling
Full article: http://online.wsj.com/article/SB10001424052970203686204577117090156001780.html?mod=googlenews_wsj
DECEMBER 24, 2011. BY ALEXANDRA BERZON AND JOE PALAZZOLO
The Justice Department indicated many forms of online gambling could become legal under federal law in a sweeping opinion that appeared to reverse long-held policy and potentially opens important new business opportunities for companies seeking to profit from Internet wagering.
In a letter dated in September but posted on its website Friday, the department's Office of Legal Counsel said it determined that the Federal Wire Act—the 1961 law that had been interpreted to outlaw all forms of gambling across state lines—applies only to "a sporting event or contest."
That could open up opportunities for states to legalize Internet ...
_________________
|
|
Joined: 03 May 2006 Posts: 5577 Likes: 4211 1629264.00 NLN Dollars
Tournament Dollars
|
|
Age: 49 Joined: 17 Sep 2006 Posts: 67 Likes: 35 1200.00 NLN Dollars
Tournament Dollars
|
This is Great News, but I won't hold my breath. Though it's good for tax dollars, but it's really hard to believe that people from the moral majority, or the radical right wing; won't throw a fit over this. From the same people that didn't want Howard Stern to have his own channel, will come the complaints.
People just don't seem to want people to choose what they want in thier lives, some think that everyone needs to be led and regulated to be someone of character. Though people don't need to visit online gaming sites, and though it's thier choice, others think that there is a perversion to the psyche if one gambles. They let thier moral choices try to rule the country,
What can't be argued with though, is the heap of money that could be made by taxing it. I heard of this story as well. I heard that it was slated to make lotteries the stepping stone online, then perhaps casinos.
Why can't peoples own civil liberties speak for what they want?
Facts are simple:
Tons of money could be made by online gaming in tax dollars
The govt. needs tons of money.
Software auditors could regulate this for the states.
Land based casinos fear this and will lobby against(Very strong groups)
Moral majority people against
Bottom line?
People should have the right to choose to goto the casino, in the car, or in the cyberworld. People should as well be able to turn the station if they don't like what they are watching or listening to.
The decision should be with the individual. I think they will EVENTUALLY come around. The govt. can't afford (literally) not too. They listed that old law from 61' and stated it's slated at sportsbook to inch the snail forward. I think it will be legal, but not for about ten years.
Darn, do I miss the playtech and cryptologic sites.
Well, though some rules stink. I still am proud to be an American.
Change comes slow, because if it's too fast the shock will cause people to rebuke it.
|
|
Joined: 11 Mar 2006 Posts: 103512 Likes: 49102 Location: Gambleville 3356621.10 NLN Dollars
Tournament Dollars
|
Georgiecat, I agree! But I think the states are so broke they may do this... I think they will do online lotteries for sure and the online casinos may have a small chance after that.
_________________
|
|
Age: 46 Joined: 12 Sep 2006 Posts: 280 Likes: 50 Location: Vallejo, CA 1000.00 NLN Dollars
Tournament Dollars
|
|