IPFS News Link • Legislative Mischief
-
Special Editions
- Global
- Due Diligence
- Love Bus Liberty Tour
- Vaccine Education Summit
- Bitcoin Summit
- US-Arizona
- US-Tennessee
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
IPFS News Link • Legislative Mischief
A licensing program for anyone taking bets on the Internet would be established by a bill receiving a public hearing this afternoon before the House Financial Services committee.
Current News | Contents By Subject
Additional Related items you might find interesting:Related items:
News Link •
Trump Administration
New York Attorney General takes initial step to prepare to seize Trump assets
News Link •
Ukraine
Johnson Whips Out Ukraine Funding Promise To Appease Senate, No Mention Of Border Security
News Link •
Legislative Mischief
Generation Z Is Completely Freaking Out Over The Possibility That TikTok Could Be Banned
News Link •
Legislative Mischief
New TikTok ban bill HR7521 gives the Executive Branch of gov't the power to define any platform.
News Link •
Social Networking/Social Media
EXCLUSIVE: Trump Is Right To Oppose TikTok Ban, MTG Tells Alex Jones
News Link •
Weapons/Weaponry
Biden is Hiding Weapons Shipments to Israel and Ignores Illegal West Bank Settlements
News Link •
Legislative Mischief
Democrats announce bill to kick Trump OFF the ballot immediately after the Supreme Court ruled 9-0
News Link •
Legislative Mischief
Congress REFUSES To Vote On FISA Court, Thomas Massie SLAMS Illegal Spying In US
News Link •
Legislative Mischief
I am sure the banking lobby jets are already wheels up for Pierre SD...
News Link •
Police State
Spread the Word on RULE 2.13 - Isolation and Quarantine Procedures (NYS v. Hochul ruling)
News Link •
Legislative Mischief
Ballot Cleansing: Democrats are Moving to Bar Republicans from Ballots Nationwide
News Link •
Gun Rights
Could This Supreme Court Case End Government Overreach By Three-Letter Agencies?
News Link •
Congress-Congressmen
2 Comments in Response to Internet Gambling License Considered Today
Leave it to Barney Frank to introduce a gambling bill that will destroy the lives of countless Americans.
Barney Frank’s bill effectively legalizes and regulates online casino gambling nationally. There has been little discussion in the press or from affected labor unions in Nevada how much legalization of Internet gambling may further increase Nevada’s unemployment now 14% or higher. After Barney Frank’s bill is passed, any private home in American with a computer has the potential of becoming a 24/7 Casino. Players need only a credit card to gamble their life away. They won’t have to drive anywhere to gamble. It would seem any further drop in Nevada gaming revenues caused by legalized online gambling will exasperate Nevada’s budget shortfall. Nevada Legislators need to consider the long-term impact legalized online gambling will have on Nevada employment. Online casinos don’t need to employ culinary, casino, /hotel food severs, bartenders, bellhops or card dealers; or need pay much employee insurance. While casinos in or near major Cities on the East Coast may not have to layoff off many workers, Nevada is way out in the desert and dependent on visitors.
What is interesting is CONgress has made Internet gambling (at least in America) illegal for both provider and participant. For the participants own good of course. [With the major push of my own Sen. McCain.]
The industry promptly ignored the law. CONgress tried to figure out if they could track credit card transactions to enforce the law. Apparently that has not worked out too well, as now they wish to license Internet gambling.
Of course, the only reason to license something is to grant monopoly or near monopoly status to a few select approved businesses who can keep prices high without competitors, have incentive to discoverand report non-licensed competitors and most importantly pay auditable taxes.