To: JRR4 who wrote (4252 ) 7/8/1998 8:11:00 AM From: steven l Read Replies (4) | Respond to of 8879
Lets not get too excited! While the news we have heard is great we must always remember that their are those out their that want to rain on our parade. And if they take some action at the wrong time we could all lose our shirts --------------------------------------------------------------------- WASHINGTON - Gambling on the Internet is exploding into a $10 billion industry. But if Congress and state lawmakers have their way, playing blackjack in your pajamas will soon be a thing of the past. There's a lot more at stake than protecting consumers from unscrupulous bosses of virtual casinos. The huge investment in legalized gambling at real casinos is seriously at risk. And so are tax revenues. Both these areas will be impacted if gamblers move from the real casinos to the neon strip of the World Wide Web. For these reasons, a broad coalition of interests has pressured Congress to crack down so hard on online gambling that making any wager online could be banned. Reps. Bob Goodlatte, R-Va., and Frank LoBiondo, R-N.J., introduced in September the Internet Gambling Prohibition Act (H.R. 2380). Sen. Jon Kyl, R-Ariz., introduced a similar measure (S. 474) in the U.S. Senate. "The ability of the World Wide Web to penetrate every home and community across the globe has both positive and negative implications," Goodlatte said when he introduced his bill on Sept. 3. "While it can be an invaluable source of information and means of communication, it can also override community values and standards, subjecting them to whatever more may or may not be found online. In short, the Internet is a challenge to the sovereignty of civilized communities, states, and nations to decide what is appropriate and decent behavior." Gambling is an excellent example of this situation, Goodlatte said. In terms of current U.S. law, gambling is illegal unless regulated by the states. With the development of the Internet, however, prohibitions and regulations governing gambling have been turned on their head. "No longer do people have to leave the comfort of their homes and make the affirmative decision to travel to a casino; they can access the casino from their living rooms," Goodlatte said. Goodlatte's proposed law seeks to protect the right of citizens in each state to decide through their state legislatures if they want to allow gambling within their borders, "and not have that right taken away by offshore, fly-by-night operators," Goodlatte said. In terms of the bill, anyone convicted of running an Internet gambling business is liable for a substantial fine and up to four years in prison. Those who place bets or wagers with virtual casinos would face a fine and up to six months in prison. Law enforcement authorities would also be given the right to order ISPs to block access to gambling sites. The legislation is supported by organizations across the spectrum, from consumer activists such as Ralph Nader and from the National Coalition Against Legalized Gambling to the American Gaming Association. Additional supporters are the National Association of Attorneys General and the National Football League. "The Internet Gambling Prohibition Act ... will keep children from borrowing the family credit card, logging on to the family computer, and losing thousands of dollars -- all before their parents get home from work," Goodlatte said. The states are also throwing their weight behind Congress' moves to ban online gambling. --------------------------------------------------------------------- Watch this carefully, I would guess some of these groups have very strong congressional lobbies. Also a question; does anyone know if any other countries have banned or have proposed banning internet gambling? And does anyone have figures on what percent of the worldwide internet gambling dollar comes out of the United States? By the way, I am buying more GLOW today!!!