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Congress Encouraged to Collect Billions in New Revenue with Internet Gambling Regulat

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  • Congress Encouraged to Collect Billions in New Revenue with Internet Gambling Regulat

    Congress Encouraged to Collect Billions in New Revenue with Internet Gambling Regulation...
    Mon Sep 14, 2009 10:10am EDT


    Congress Encouraged to Collect Billions in New Revenue with Internet Gambling
    Regulation in New Advertising Campaign



    WASHINGTON, Sept. 14 /PRNewswire-USNewswire/ -- The Safe and Secure Internet
    Gambling Initiative launched a new online advertising campaign today in
    support of the Internet Gambling Regulation, Consumer Protection and
    Enforcement Act of 2009 (H.R. 2267), legislation that would establish a
    framework to permit licensed gambling operators to accept wagers from
    individuals in the U.S. The ads advocate regulating Internet gambling to
    protect the millions of Americans who continue to gamble online despite
    government attempts to prohibit the activity and to collect up to $62.7
    billion in new revenues for the federal government in the first decade.

    "As Congress searches for ways to pay for health care reform and other worthy
    programs, it should end the unsuccessful prohibition of Internet gambling and
    start collecting taxes on the billions in revenue currently lost to
    unlicensed, offshore gambling operators," said Jeffrey Sandman, spokesperson
    for the Safe and Secure Internet Gambling Initiative.

    House Committee of Financial Services Chairman Barney Frank (D-MA) has
    announced his intent to hold a hearing and markup on the Internet Gambling
    Regulation, Consumer Protection and Enforcement Act of 2009 this fall. Since
    introduction of the legislation by Chairman Frank in May, a bipartisan group
    of more than 50 co-sponsors have signed onto the bill. Supporters include
    many senior ranking representatives such as George Miller (D-CA), chairman of
    the Committee on Education and Labor, John Conyers (D-MI), chairman of the
    Committee on the Judiciary, Charles Rangel (D-NY), chairman of the Committee
    on Ways and Means, Edolphus Towns (D-NY), chairman of the Committee on
    Oversight and Government Reform, Pete King (R-NY), ranking member of the
    Homeland Security Committee and Ron Paul (R-TX), vice-chairman of the
    Oversight and Investigations subcommittee.

    The ads will appear on the Web sites of publications such as the Washington
    Post, The Hill and Politico, as well as on the Huffington Post, Political Wire
    and Talking Points Memo.

    Copies of the advertisements can be found here: Protect Consumers and Generate
    Billions, End Prohibition! Again, Protect Children and Consumers.

    About Safe and Secure Internet Gambling Initiative

    The Safe and Secure Internet Gambling Initiative promotes the freedom of
    individuals to gamble online with the proper safeguards to protect consumers
    and ensure the integrity of financial transactions. For more information on
    the Initiative, please visit Safe and Secure Internet Gambling Initiative. The Web site provides a
    means by which individuals can register support for regulated Internet
    gambling with their elected representatives.



    SOURCE Safe and Secure Internet Gambling Initiative

    Michael Waxman of Safe and Secure Internet Gambling Initiative,
    +1-202-872-0010, +1-202-872-4860, [email protected]
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