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US Senator Introduces Regulation to Legalize Online Gaming PDF Print E-mail
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Written by Staff   
Friday, 07 August 2009 16:29

US Senator Robert MenendezWASHINGTON - On Thursday, Senator Robert Menendez (D-NJ) officially unveiled S 8309, the Internet Poker and Games of Skill Regulation, Consumer Protection, and Enforcement Act. Congress remains on recess until after Labor Day in the United States (first Monday of September). As its name implies, Menendez’s legislation explicitly legalizes and regulates games of skill like online poker, which should come as a welcome sign to players in the United States who question the legality of the game.

The bill notes that poker, bridge, mahjong, backgammon, and chess are examples of games in which a player’s skill dominates the outcome: “While each of these games contains an element of chance, over any substantial interval, a player’s ultimate success is determined by that player’s relative level of skill.” Menendez’s measure weighs in at a hefty 89 pages.

The bill focuses heavily on online poker, noting, “Poker is part of the cultural and recreational fabric of the United States and has been since the founding days of the United States. United States poker aficionados have included presidents, judges, and statesmen.”
According to Menendez's proposal, the Secretary of the Treasury is responsible for overseeing the licensing process for skill game operators and prescribing regulations. Each applicant for a license must submit a comprehensive financial background, an outline of the company’s structure and that of its affiliates, criminal and credit histories of executives, and how each licensee plans to combat underage gambling and compulsive gambling. In addition, they must convey how the games offered will be fair. All gamblers must be at least 21 years-old.
The 1.2 million member strong Poker Players Association will likely push its members to call their Senators and urge support of Menendez’s S 8309.

By Dan Cypra for POKER NEWS DAILY

Last Updated on Monday, 10 August 2009 21:38
 

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