On the 15th of February US Congressman from Virginia Bob Goodlatte reintroduced HOURS 4777, the “Internet Wagering Prohibition Act. ” Goodlatte https://bit.ly/3CODO3z hopes to pass the bill, which will amend the earlier Title 20 of the united states Code containing the Federal Wire Act passed in 1961. The Wire Act outlawed telephone gambling by making it illegal to place gamble by “wire transmission. “
The explosion of Internet poker rooms and sports books in recent years was possible only as a result of the ambiguity surrounding this is of “wire”. While opponents of Internet wagering insisted that the meaning included cable, satellite, and cellular technology, no court would uphold a dedication based on that definition. Goodlatte hopes to amend that by increasing the Code to include all forms of electronic transmission, as well as to include every type of gamble.
Earlier attempts to pass the legislation were thwarted by the lobbying efforts of Jack Abramoff, according to Gooodlatte’s office. But Abramoff’s recent guilty pleas to fraud, tax evasion and conspiracy to entice public officials have added political capital to Goodlatte’s campaign.
According to Goodlatte “Illegal online wagering doesn’t just hurt gamblers and their families, it wounds the economy by draining dollars from the united states and serve as a vehicle for money laundering, ” stated Goodlatte. “It is time to shine a bright light on these illegal sites and bring a quick end to illegal wagering on the internet. “
“But outlawing online wagering won’t stop the activity. ” says Will Catlett of Sportsbettingscams. org, an industry watchdog site. “It will only drive it underground. If online wagering is outlawed then the government will lose its power to legislate online wagering policy and police it’s dangers, not to mention its power to tax the transactions. Goodlatte’s bill will do exactly the opposite of what it wants to do. “
As of Come july 1st 2005, according to Forrester polls, there were over 300, 000 wagering websites entertaining over 7, 000, 000 online gamblers. While the bulk of traffic to these websites initially began the united states, that number is now around 40% as players are attracted from all over the world. If the bill is passed, the industry will reduce dramatically, and shift its focus to other nations. Meanwhile, online gamblers in the united states will be out of luck. “It’s amazing to me that this bill just might pass calmly with minimum resistance. ” says Catlett. “Anyone who enjoys wagering online should certainly write their State Representative to share why this bill shouldn’t go through. “.