From a long time, Harry Reid and Democrats Barney Frank were looking for the efforts to regulate the online gambling of US. They were trying to make it at federal level. Thursday came up with a breakthrough, where United States' lawmaker revealed the newest legislation about internet gambling.
Representative of the new leads, Peter King, announced the newest attempts to legalize the online poker. He mad e it apparent and announces that he believes that regulation on the bases of state is not a comfortable interest of consumers. He came up with his statement after the bill was introduced in Congress.
While giving the statement, he said “A common federal standard will ensure strong protections for consumers, protect against problem and underage gambling, and make it easier for businesses, players, lawmakers, and regulators to navigate and freely participate.”
According to the bill, the biggest feature introduced was the creation of the formation of the office oversight for Internet Gambling in Treasury department. It means that the office will be responsible for all activities like handle the regulation, its settings and other related things to the new efforts.
Peter King has come up with his idea on the time, where the others lawmakers were busy in thinking about their own version of internet gambling regulation. It means that Peter King has won the battle.
Senator Reid is the man, who has suggested several bills of the arena that have not passed in the past, is presently working with Republican Senator Dean on the newest presented bill.
Part from all these, another representative, Joe Barton is also expected to represent an edition of online gambling. Although, there are so many bills, but it is not confirmed that any of these bills will replace the current online gambling laws that are currently in mode.
From the past few years, states like New Jersey, Nevada and Delaware have taken all the matters under their wings. It is expected that Delaware and New Jersey will start their online casinos by the end of the years. Well, that must be great news for the gamblers of these places, who are looking for this facility from a long time. Unlike New Jersey and Delaware, Nevada has started their first online casino in Beta form. Apart from this, other poker rooms are expected to be opened by the end of the summer.