Washington – A bill that would legalize some forms of online
gambling in the U.S. has passed a vote in the U.S. House Committee on Financial
Services. Introduced by Rep. Barney Frank (D-Mass.), chair of the committee,
the Internet Gambling Regulation and Consumer Protection and Enforcement Act
was approved by a 41-22 vote in the committee.
The bill would regulate online
gambling in the U.S. and require licensed operators to install safeguards
against underage and problem gambling.
Proponents cite a Joint Committee on
Taxation tax revenue analysis that showed regulated Internet gambling could
generate as much as $42 billion in federal government revenue over its first 10
"The Committee’s bi-partisan vote to approve Chairman Frank’s
legislation is nothing short of historic," said Michael Waxman,
spokesperson for the Safe and Secure Internet Gambling Initiative, a group
lobbying in favor of the bill.
"With Congress bitterly divided and only a handful of bi-partisan
bills coming out of the Financial Services Committee, we’re pleased Committee
members from both sides of the aisle were able to come together to advance this
A companion bill to Rep. Frank’s proposed
legislation, the Internet Gambling Regulation and Tax Enforcement Act — introduced
by Rep. Jim McDermott (D-Wash.) in March — would ensure the collection of
license fees and taxes on regulated Internet gambling activities.