The You. Okay. introduced travelling across changes to its internet playing laws with the passage of the Playing Act of 2005. The stated purposes of the act were very noble: to prevent playing from being a source of crime and disorder; to ensure playing would be conducted in a fair and open manner; and to protect children from being harmed by enforcing the legal playing age of 16 years slot online terbaik. In practice, of course, the act led to a increase in on site operators moving to the country and a communicating increase in tax revenues as a result.
In the You. S., the situation is much different. Playing is legal under Federal law but prohibited in many states, with some local exceptions. Legal playing states include Nevada and New jersey, although some states have passed laws that legalize playing in certain municipalities as well as on Local American lands. Internet playing laws, on the other hand, have effectively prohibited operators from doing business within the states.
In 2006 Congress approved an act that dramatically affected the internet playing laws and effectively proclaimed the industry illegal. That act used the industry into situation, and drove virtually all of the You. S. based operations out of the country. Sites powered out of the You. Okay. and the Bahamas now pull together a majority of this profitable business. But numerous faults in the 2006 legislation and the feeling that Congress has more important things to worry about have now pushed the country to the brink of legalizing the industry.
If the You. S. is to proceed with the legalization of playing over the internet, congress must first do away with its awkward attempt at making it illegal under the 2006 Unlawful Internet Playing Enforcement Act (more easily referred to as UIGEA). The intention of that act was fairly simple: make it illegal for banks, credit card companies, and other payment processors to transfer funds from gamblers to online casinos and from those online casinos back to the gamblers.
You must understand, however, that the preference of lawmakers has always been to prohibit online playing. But concerns about the constitutionality of such a prohibition as well as the mind boggling problems associated with enforcing the ban have consistently slaughtered any possible actions along those lines. So Congress chose instead to try to attack the problem by preventing the flow of capital between the gamblers and the casinos under the UIGEA.
Now, thanks in no small part to the national financial meltdown, Congress is positiioned to reverse its approach to internet playing laws and scrub the problem-plagued UIGEA. Under a couple of proposed House bills including one sponsored by Barney Franks and Ron Paul, Congress now appears positiioned to legalize and regulate the industry.
Whenever Congress actually considers such a sensible approach you can assume that there are potential tax revenues to be gained. So it shouldn’t come as a surprise to learn that one of the major benefits of legalized playing is additional revenue for the government. Recent studies have indicated that the tax revenues the government stands to gather from a legalized online playing industry could reach more than $50 thousand over the next 10 years.
Hopefully, based on current idea in Congress regarding internet playing laws, You. S. based online playing fans will soon be able to enjoy their sport legally through You. S. based operations that is under the scrutiny, and difficult power, of the government.