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 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, info@safeandsecureig.org