Friday, June 24, 2011

U.S. Rep. Joe Barton of Texas plans to Introduce Online Poker Bill in Congress

U.S. Rep. to Introduce Online Poker Bill in Congress
June 24, 2011
Associated Press
  
U.S. Rep. Joe Barton of Texas plans to introduce a federal bill to legalize online poker, hoping to pull the estimated $6 billion industry out of the shadows at a time when its top operators are facing serious legal troubles.
The Republican lawmaker told The Associated Press he plans to introduce a bill on Friday that would let states choose whether they want to allow residents to play poker on the Internet.


He says potential operators would apply through a newly created office in the Commerce Department and need to have gambling licenses in at least one state.

Barton says he thinks the measure has a chance to pass as a stand-alone bill before the end of this session.
Current laws bar financial institutions from processing gambling payments.