Showing posts with label Gambling. Show all posts
Showing posts with label Gambling. Show all posts

Saturday, October 17, 2009

Obama And The UIGEA


IOWA CITY, IA - MAY 29:  Democratic presidenti...Image by Getty Images via Daylife
In these bad economic times, it is but natural that states look into some alternate venues for funding. Relaxing gambling legislation might be one of those efforts.
Warwick Bartlett, lead partner at Global Betting and Gambling Consultants (GBGC), claimed that it was "not over-optimistic" to expect a major shift in online gambling laws following the election of president Obama.
 There is a need to look for revenue for health care. Some of the options are: online sports gambling and online poker.
An increased focus on the benefits of Internet gambling regulation are expected as the Senate Finance Committee considers a proposal introduced on Saturday to use Internet gambling revenue to offset the costs of health care reform.

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