Harry Reid Draft Bill for Internet Poker Targeted for Spending Bill

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Senate Leader Harry Reid has opted not to attach his Internet poker draft bill to the controversial tax extension measure.  Instead, he is targeting a spending bill that could still pass during the lame duck session.

His bill looks to legalize online poker in the US and tax the industry.

"Experienced regulators already trusted by millions of Americans will maintain oversight and reputable operators with proven track records will provide a secure gaming environment for Americans," Reid said.

Online poker is a multi-billion dollar industry even with the prohibition.  A billion dollars was bet by Americans this past year.

Reid’s bill is heavily backed by the Las Vegas casinos.

- Aaron Goldstein, Gambling911.com

Related Content

Dave & Busters

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.
Fanatics Markets

Fanatics Markets Unveils Combos

Just in time for basketball’s postseason, Fanatics Markets is introducing a bigger way to trade with Combos.
Curacao

Curacao Is Still the Most Popular Gambling License. But the Rules Have Changed

If you have spent any time around the online gambling industry, you have heard the same pitch for Curacao a hundred times: cheap, fast, easy. For years that pitch was essentially accurate.
1Win airplane with man stepping out

Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment

1win continues to evolve its VIP ecosystem, bringing global rapper Tyga into its high-tier community while reinforcing its positioning as a crypto-first entertainment platform.