Internet Gambling Ban May Be Repealed
There’s a move underway to repeal the Unlawful Internet Gambling Enforcement Act, which banned online gambling in the United States three years ago. Congressman Barney Frank is leading the effort in Congress. “Advocates of lifting the ban say it is (an) impingement of personal liberty and estimate the United States could raise nearly $52 billion in revenue over the next decade by taxing and regulating Internet gambling instead.” Even the Attorney General of Utah, a state that is certainly not a friend of casinos or gambling, has called the ban a failure. The ban has failed like Prohibition failed. You still have online gambling but now it’s unregulated and untaxed. Additionally, the ban has hurt trade relations with the European Union.
The ban was attached to the SAFE Port Act of 2006 at the last moment and was passed at midnight on the day Congress adjourned for the elections.
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