NEWS: Web gambling gets boost from Obama administration

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WEDNESDAY, DEC 28, 2011| 1 comments| 2 commentaries

Web gambling gets boost from Obama administration

The Obama administration cleared the way for U.S. states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.

A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.

Until now, the department held that online gambling in all forms was illegal under the Wire Act of 1961, which bars wagers via telecommunications that cross state lines or international borders. ...

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12/28/11 11:39 AM

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"The Obama administration cleared the way for U.S. states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling."

Socialists need lots of tax dollars to pay for an ever increasing burgeoning bureaucracy. So Obama will seek to fleece the pockets of tax payers to pay for big brother.

Of course this will mean that industry will suffer and decline because of the socialist mind set, just as it has done in the UK.

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