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Historic Internet Gambling Regulation Bill Overwhelmingly Passes Committee with Bi-Partisan Support
Amendments Further Strengthen Bill’s Consumer Protection Requirements
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The article details a landmark moment in U.S. legislative history when the House Financial Services Committee approved the Internet Gambling Regulation, Consumer Protection, and Enforcement Act (H.R. 2267), introduced by Chairman Barney Frank (D-MA). The bill, passed on July 28, 2010, by a 41–22 vote, marked the first major bipartisan move toward legalizing and regulating internet gambling at the federal level.
The legislation aimed to establish a comprehensive framework for licensing and regulating online gambling operators in the United States. It required licensed sites to implement strong consumer protection measures, including age verification, prevention of problem gambling, data privacy, and anti-fraud safeguards. An amendment led by Rep. John Campbell (R-CA) further strengthened these protections by requiring players to set personal loss limits before playing and ensuring customer funds and identities were secured.
The bill also preserved state rights, allowing states to decide whether to permit or restrict internet gambling for residents within their borders. A companion bill, the Internet Gambling Regulation and Tax Enforcement Act (H.R. 4976), proposed by Rep. Jim McDermott (D-WA), addressed taxation of the regulated industry.
Supporters highlighted potential economic benefits, with projections of $42 billion in tax revenue over ten years and the creation of up to 32,000 jobs within the first five years. Business organizations such as the U.S. Chamber of Commerce and the National Association of Federal Credit Unions endorsed the bill, emphasizing regulatory oversight as a safer alternative to the unregulated offshore market.
In conclusion, the article underscores the shift toward recognizing regulated internet gambling as a way to protect consumers, generate revenue, and curb illegal online gambling, marking a pivotal step toward modernizing the nation’s approach to internet-based gaming.
Seasoned content writer with over 9 years of experience specializing in casino and sports betting. A passionate casino enthusiast and football fan, he writes with hands-on knowledge gained from playing casino games himself. Joe also loves extreme sports, relaxing at the beach, and expressing creativity through playing his guitar. His unique blend of expertise and personal interests brings authenticity and energy to his work.