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Gambling News - November 22nd, 2009 - Written by Glen
The 2009 year has been writhe with online gambling crackdowns. With payment processors being attacked, online poker winnings confiscated, and indictments of online gambling operators, the current administration has been assaulting the industry with force.
The weak economy has taken a toll on tax generation, all the while weakening the gross domestic product increasing the national debt. New forms of revenue have been sought by states and the federal government alike, but one question still remains - would the legalization of online gambling help or hinder the national economy?
The earliest day's of President Obama's campaign had set a precedent for civil rights, net neutrality, and an open Internet. Democrats have been actively supportive of online gambling on a whole, but President Obama has not said much for or against the issue. Having expressed his goal to safeguard privacy and security on the Internet, all the while keeping the entire affair free and secure, it can only be assumed that the President approves of online gambling.
Unfortunately, the Unlawful Internet Gambling Enforcement Act is set to reach full effect in less than two weeks time. For the end user, this may mean nothing or it may mean the end of easy USA deposit methods. While it can be understood that the Obama administration has its hands full with foreign policy, particularly the skirmish in the middle east, the short stacked threat from North Korea, and improving relations with Russia and China, the economy is the lifeblood of the nation. Any infusion of additional funds that would not directly impact the lives of our fellow Americans should be considered, though the billions of dollars shipped to offshore USA online poker rooms, sportsbooks, and casinos alike has not yet been considered with any strict determination.
The House of Representatives has already seen a Bill crafted to inhibit the UIGEA, but it is doubtful anything will happen before 2009 has ended. While the legislation is already in motion, not enough support has been garnered to push it through Congress with any rapidity.
So the question remains - is online gambling not a priority for Obama Administration, or are they continuing to allow crackdowns and legislation to continue unabated due to a stir of hypocrisy and fear of public outcry? Gambling is still considered a serious negative by many, particularly religious groups, but has been increasing all over the states through land based enterprises. Change has yet to come for online gambling, though there is still hope on the horizon.
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