Poker star tells house panel that online gambling ought to be legal

December 20, 2010 :: Posted by - admin :: Category - Poker Articles

Poker star tells house panel that online gambling ought to be legal

WASHINGTON – Annie Duke , Globe Sequence of Poker bracelet winner, mother of four and the “Duchess of Poker,” can add another item to her special resume: congressional witness.

Globe Sequence of Poker bracelet winner Annie Duke says the issue is about the right of Americans to do what they want in the privacy of their homes.

Duke told the Household Fiscal Companies Committee on Wednesday that Congress must legalize and regulate the thriving underground market place for online gambling.

“At its most standard degree, the issue before this committee is personal freedom, the perfect of personal People in america to do what they want in the privacy of their properties without having the intrusion of the authorities,” Duke testified.

Online poker is illegal in the United States, but players even now flock to the web sites, set up offshore and largely beyond the attain of federal regulators. A charge introduced by Rep. Barney Frank, D-Mass., chairman of the Economic Companies Committee, would legalize and tax the websites.

Frank claimed that online gambling need to not be outlawed just simply because it could hurt the user.

“Unwise selections [are] portion of freedom,” said Frank, speaking just hours soon after President Barack Obama signed into law the Dodd-Frank financial reform legislation he’s invested a great deal of the past year brokering.

Duke, who lives in Los Angeles, echoed Frank’s sentiments.

Proponents of the payment say the taxes could provide in as much as billion for the federal authorities more than 10 years; on the other hand, that number assumes that no state workouts the “opt-out” capacity built in to the expenses that would make it possible for person states to make a decision they didn’t want online gambling inside their borders.

Tom Malkasian, director of strategic preparing at the Commerce Casino in Los Angeles, termed the proposed legislation “fundamentally flawed and unsound.” He claimed he worried that the expenses did not offer adequate oversight.

He indicated his casino was concerned about competition from online gambling and explained the legislation would favor “overseas Internet gaming operators around law-abiding, tax-spending domestic gaming interests.”

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