The Republican mega-donor Sheldon Adelson is making another push to ban online gambling after it nose-dived the previous year. If the bill is approved, the expansion of the US States will be at stake because Adelson aims at scaring banks into cutting their ties with gambling operators.
Similarly, Sen.Tom Cotton had introduced a bill in 2016that sought to undo the2011 Department of Justice opinionon the scope of the Wire Act that led to the current crop of states that had legalized online gambling and online lotteries. That bill, which was introduced just days after Adelsoncut a Senate super PAC a $20m check, became somewhat moot after the current DOJ leadershipissued a fresh opinion in 2018that said precisely what Cottons bill was trying to accomplish.
That 2018 opinion was widely viewed as a thank you to Adelson for his GOP campaign contributions and is currently thesubject of a federal lawsuitafter courts found that the DOJs current arguments did not withstand scrutiny.
The previous week, Sen.Tom Cotton(R-AR) filedS.3322, the Prevention of Deceptive or Child-Targeted Advertising in Violation of the Unlawful Internet Gambling Enforcement Act. The objective of the bill t is to prevent the unlawful use of financial instruments that are deceptively designed or marketed to attract children, and for other purposes.
The bill calls for the Treasury Department to produce a report on games that feature kid-friendly content allegedly. The report would also have to detail how these sites process transactions with their customers and whether current mechanisms to uphold UIGEAs edicts can be strengthened.
The Federal Trade Commission is expected to make a report on how to prevent online operators from marketing their insidious kiddie-crack, including details of how ads are displayed within apps and games. The FTC must also report on efforts by operators to present gambling products as part of non-gambling gameplay or application use within websites and mobile apps offered to US consumers.
Source: https://calvinayre.com/2020/02/25/business/adelson-congressional-lapdog-anti-online-gambling-bill/
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Online Gambling Expansion in the US States is Once Again Under Threat - Tunf.com News
