Senate Majority Leader Harry Reid is pushing behind the scenes for lame-duck legislation that would allow poker games over the Internet but restrict initial licenses to casinos and racetrack operators that have been in businesses at least five years.What a surprise Reid's office is silent on this. What could they possibly say? I would love to hear Reid explain why he is in such a rush to pass payola legislation for the casinos that put him back in office. Surely the 9.8% who are unemployed can wait. Never mind worrying about the tax rates set to increase at the end of the year either. The whole country can wait while Harry Reid puts a few finishing touches on his project Pottersville. Someone needs to lasso Harry Reid
Some of the biggest casino operators in Reid's home state of Nevada are eager to get a piece of the online gambling industry, which generates an estimated $5 billion a year for offshore operators.
A congressional aide familiar with the issue said Reid aides were circulating the draft legislation, and a copy of it was obtained by The Associated Press. The aide was not authorized to speak publicly about the matter and did so only on condition of anonymity.
Four years ago, Congress effectively banned online gambling, passing legislation that prohibits banks and credit card companies from making payments to gambling websites. Supporters of online poker face less opposition with Democrats in charge of both chambers for another month. The House Financial Services Committee this year approved a bill that established a regulatory structure for online gambling.
Reid's office would not answer questions about the legislation.
Thanks to Doug Ross for linking