Unite On Internet Possibilities, Politician Tells Land Gambling Execs

UNITE ON INTERNET POSSIBILITIES, POLITICIAN TELLS LAND GAMBLING EXECS

25th April, 2012 at 12:03:59
Source: http://www.azonlinecasinos.com

Senator says sitting on the fence is not a great idea

Giving the keynote address at this week's Global iGaming Summit & Expo in San Francisco, US Congressman and Nevada Senator Mark Amodei applauded the strong and protective regulatory structure in force for the land gambling business, which has established a sound reputation, but warned execs that the industry needed to unite on the question of online gambling legalisation in order to ultimately achieve the sort of system that they wanted.

Sitting on one's hands was not a satisfactory option, he opined, adding: "....if you continue to do nothing about e-gaming regulation then you play into the hands of those who oppose you. You have set the groundwork to finish this up - the only challenge is to resolve the issue amongst yourselves. The bill that will pass is what you folks can come together on."

By uniting, it may be possible to implement a US legal and properly regulated online gambling regime in a year, the Senator said in an address that indicated he was in favour of a federal rather than state-by-state solution.

"Moving online is a gamble and you can win big, but individual state attempts to bring in online gaming could lead to state laws that don't live up to a federal level," he commented.

Related News Tags:



« News index »



ANOTHER FOBT RED FLAG FOR UK BOOKIES (Update)

23rd March, 2017 at 09:52:25
Fitch Ratings opines that staking limit cuts could benefit the online side of the industry.

CHINA'S TIGHTER CONTROLS ON CAPITAL RESULT IN MAJOR DROP IN OUTGOING INVESTMENT

21st March, 2017 at 11:24:11
Foreign companies likely to feel the impact as Q1-2017 sees a significant 74 percent decline in outgoing investment capital.

CALLS FOR HIGHER GAMBLING TAXES IN KENYA

20th March, 2017 at 07:18:24
Operators brace for rising costs as parliamentary advisers call for more taxation.

MEDIALIVE SHOWING OFF VIRTUAL REALITY GAMBLING PRODUCTS AT ITALIAN EXPO

16th March, 2017 at 16:15:59
Live roulette attracting a lot of interest, media reports indicate.

SCIENTIFIC GAMES SHAKEN NOT STIRRED

08th March, 2017 at 19:35:04
Nabs exclusive licensing deal for iconic James Bond franchise.