Joined: 6/18/2010(UTC) Posts: 11
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It seemed promising. Figures show that in 2008 American spent upwards of $8 billion dollars at online casinos and poker rooms. With figures like these, you would think California wouldn’t be able to resist allowing online gambling again. I mean CA is in a tremendous amount of debt. Revenue from taxes on online gambling could certainly help The Terminator (Arnold Schwarzenegger) dig his suffering state out of the hole they now find themselves.
But this week the CA poker bill went to committee. Advocates for Gambling addicts were a loud voice opposing this new bill. Also, those operating on Native American Land based casinos are against it, assuming that it would go against agreements they have already established with the government. Or perhaps, it is because they want a large piece of the online gambling pie as well?
This bill failed. Not just a little bit. It didn’t even make its way out of committee. Until the legislators find a way to pacify the tribal leaders, I don’t think this bill stands a chance. Right now there are 4 bills proposed in Congress about one form of online gambling or another.
Maybe the government is just waiting for the right time so that they can create a monopoly? What do you think? [/size]
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Joined: 6/24/2010(UTC) Posts: 8
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Heck yeah the US government is setting themselves up to dominate the market! Right now the government wants to give all gambling sites their own domain extensions. Like .com and .net. This week they gave porn sites their own extension such as .xxx.
On first glance, this seems like a step forward for reputable sites that are interested in fair conduct and transparency. But do you know what I think? I think that this will give the government more power to easily block any gambling site that they have not “regulated.” I can’t wait to see how this thing unfolds.
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Joined: 6/18/2010(UTC) Posts: 11
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Okay, check out these estimates of revenue i just read online for California if they would just pass this bill.
"It's estimated that by 2020 that the Internet annual poker gross gaming revenues for California, which is comprised of about 400,000 active, real-money players, will range from $1.7 billion to $2.1 billion." Holy Cow!! What are they waiting for?
Read the full article here: http://www.mydesert.com/article/20100630/NEWS06/6300308/Online+gambling+bill+down++not+out
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