Financial Services Hearing on Regulating Internet Gambling

Uploader: safeandsecureig
Video Description: Safe and Secure Internet Gambling Initiative Supports Legislation to Remove Unnecessary Government Prohibition on Internet Gambling
The Safe and Secure Internet Gambling Initiative announced its support for the Internet Gambling Regulation and Tax Enforcement Act, introduced today by Congressman Jim McDermott (D-WA). The bill would create a taxation regime for online gambling companies to be licensed under the recently introduced Internet Gambling Regulation and Enforcement Act (H.R. 2046).
As Congress works to find funding for critical government programs, Congressman McDermott's legislation is expected to generate between $6 billion and $25 billion in revenues for the U.S. Treasury in the first five years of enactment.
Congressman McDermott's legislation functions as a companion bill to the Internet Gambling Regulation and Enforcement Act, which would establish a licensing and enforcement framework for regulated Internet gambling in the U.S.
For more information please visit www.safeandsecureig.org.

Tags for this video: barney betting Committee Financial frank gambling House internet online paul robert ron securetrading Services wexler
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Array ( 1 year ago by tehmatskillz)

<3 Barney Frank and <3 Ron Paul. I recognized Wexler from the Colbert Report.

Ron Paul for ... ( 1 year ago by metsnfinsfan)

Ron Paul for president

Is this a test run ... ( 1 year ago by PMorphy65)

Is this a test run to regulating the Internet? Give them an inch, they take a mile theory. This attempt to regulate Internet gambling smells bad. Less control and more freedom is what this world needs.

If you do not fight ... ( 1 year ago by SlickExecutiveType)

If you do not fight this now, you will not be able to fight it later when they come for your news. GOVERNMENT - THE INTERNET IS OURS. STAY OUT.

ALL HAIL BARNEY ... ( 1 year ago by heres2football)

ALL HAIL BARNEY FRAMK

Regulated gambling ... ( 1 year ago by GenericGene)

Regulated gambling on line can be implemented with secure
player protection. This can be to the benefit of government and casino alike. The casino executives in this clip, they have some very interesting points. Online
gambling may very well limit gambling addiction and be a path to responsible gaming. Gambling is only a word for those who do not understand the mechanics of
games of chance, and may well do to be more educated in the entertainment value. Jady Davis

If gaming could be ... ( 10 months ago by Lizi99)

If gaming could be regulated so American dollars are not funding the seedy underworld. Give Americans a venue to play that allows the money to go into funds like Social Security, Medicare and Health Care....everyone wins then.
Lizi

Keep fighting boys, ... ( 9 months ago by Driftwood7979)

Keep fighting boys, we're behind you!!!!

Frank and Paul are ... ( 9 months ago by bvagasky)

Frank and Paul are two of my favorite congressmen.
Ron Paul for President!

why do you have to ... ( 2 months ago by dan020350)

why do you have to pay taxes on casino winnings? Its a win -win situation for the govt or rather fed reserve.

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