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And Another One Joins the Regulation Race

31 January 2011 by admin

For the most part the news about regulating online gambling has been limited to Harry Reid making a last ditch effort not to abandon his new-found, change-of-heart quest, and New Jersey’s lawmakers making it known that they want to regulation online gambling despite their governor’s seeming hesitation. Then over this weekend came the news that Nevada has made an agreement to share information with online gambling regulators overseas. The belief is that this will give pro-online gambling lawmakers the ammunition to rebut the points of anti-online gambling lawmakers.

But now showing up on the radar is, no, not California, although they are on the fringes right now, but Florida. Yes, I said Florida.

This peninsula state known for its beaches and for Disney World is begun showing up in gambling new headlines. This time last year was the talks between lawmakers and the Seminoles to settle a compact that would create an agreement on blackjack tables; then came the deal that would make the compact. Next it would be the idea of destination resort casinos coming to Florida, which ironically was proposed by a Seminole Republican and many see those destination resort casinos as providing direct competition to the Seminole casinos.

But it seems that the idea of those destination resort casinos is not being well-received. And that brings us the latest news surfacing about Florida and gambling. It seems there is a bill floating around that has the intent of legalizing, licensing and regulating online gambling within the state of Florida. Representative Joseph Abruzzo has proposed that bill and says on the matter that “There are hundreds of thousands of players in Florida in unregulated and unprotected offshore sites. Why not legalize, regulate and bring in revenue from something that is already occurring?”

And he has the right idea, which is the same idea that lawmakers up in Washington DC need to cultivate. Abruzzo has hit the nail on the head. The online gambling is already happening. He believes that Florida should not only protect its residents, but that the state should also be making money off of online gambling. Chances are since online gambling does not require travel and travel related expenses, it would generate more revenue than those destination resort casinos would. And Florida would still benefit from new jobs because there would still need to be those working inside the state to do the work to make the regulation possible.

So now we have New Jersey, with their stalled bill, Nevada ‘who is doing research, and now Florida is has a bill floating around the lawmakers.

One Response to “And Another One Joins the Regulation Race”

  1. House Oversight Committee Facing Down the UIGEA | Online Casino Suite Blog says:

    […] Considering the value and increasing number of Americans who are gambling online, the federal government should be looking at online gambling as a good thing. Plenty to tax and a good number of jobs would be created if the US moved to regulate online gambling. […]