SBR Forum - Free Picks & Sports Handicapping Legendz The PIG WSEX
BetJamaica Matchbook BetOnline
SBR - SportsBookReview.com 5Dimes The Greek Intertops
SBR Recommended Sportsbooks
1. Pinnacle Sports ... SBR Rating A+ ... Pinnacle Sports Review
2. The Greek Sports Book ... SBR Rating A+ ... The Greek Review
3. BookMaker ... SBR Rating A+ ... BookMaker Review
4. BetJamaica ... SBR Rating A+ ... BetJamaica Review
5. Legendz Sports ... SBR Rating A+ ... Legendz Review
Posters' Top Rated Sportsbooks
1. Pinnacle Sports ... 150 total points ... Pinnacle Sports Review
2. Matchbook ... 144 total points ... Matchbook Review
3. BetJamaica ... 115 total points ... BetJamaica Review
4. BookMaker / CRIS ... 109 total points ... BookMaker Review
5. The Greek Sports Book ... 91 total points ... The Greek Review
Go Back   Sports Handicapping - Sports Betting - Sports Picks - SBR Forum > Sports Handicapping, Picks and Game Discussion > Politics & Economics

Reply
 
Thread Tools Display Modes
Old 07-25-2006, 01:29 PM   #1 (permalink)
JC
SBR Sharp
 
JC's Avatar
 
Join Date: 08-23-05
Posts: 397
JC is online now
Default Article by Senator Kyl with comment box at the bottom to write him directly

Have fun!

Be sure to click on the article and tell him what you think.

http://www.nationalledger.com/artman...27267268.shtml

Internet Gambling: A Bad 'Deal'
--------------------------------------------------------------------------------

By Jon Kyl
Jul 25, 2006

A Harvard professor once appropriately likened Internet gambling to crack cocaine use because of its highly addictive and harmful characteristics.

Internet gambling’s characteristics are unique because: online players can gamble 24 hours a day from the comfort of their home; children may play without sufficient age verification; betting with a credit card can undercut a player’s perception of the value of cash, leading to possible addiction and, in turn, to bankruptcy, crime, and suicide; and there is no enforcement commission, such as those that exist in Las Vegas or Atlantic City, to protect consumers from excessive losses or fraud.

Online gambling is a particularly pernicious form of gambling, and many Americans are hooked on it. Indeed, Americans bet $5.9 billion on Internet gambling in 2005, nearly half of the $12 billion bet worldwide on Internet gambling, according to a report by Christiansen Capitol Advisors.

The recent arrests of executives from BETonSPORTS.com for racketeering, and indictment of another gambling website for laundering $250 million, highlight other unsavory aspects of the online gambling industry.

Young people, the most computer-savvy, are particularly at risk. Numerous articles have documented the harms to youths. Recently, the president of the sophomore class at Lehigh University in Pennsylvania robbed a bank to pay off his Internet gambling debt, and a young man in Scotland attempted suicide after using 13 of his parents’ credit cards to run up almost $300,000 worth of Internet gambling debt. The Federal Trade Commission (FTC) has acknowledged the harms, and the National Collegiate Athletic Association (NCAA) is particularly concerned about the risks to college students and has urged a legislative remedy.

For more than a decade, I have sought to enact legislation to thwart Internet gambling. On five separate occasions, a bill has (by wide margins) passed the House or the Senate but not cleared the bicameral hurdle. With the U.S. House of Representatives overwhelmingly approving a bipartisan bill in July, I am working to try to pass a bill in the Senate.

Ironically, one of the opponents is a national Indian organization - ironic because the bill has absolutely no effect on Indian gambling. The group simply wants to use opposition to this bill to leverage other legislative advantages.

The core of the House-passed bill, which is similar to what I have previously introduced, would cut the money flow from financial institutions to Internet gambling websites by requiring financial institutions and payment systems to establish procedures for preventing these transactions. So the gambling entity would simply never be able to collect the debt owed by the gambler.

The effort to enforce the ban on Internet gambling is not partisan. Not only did the House of Representatives approve the bill with an overwhelming bipartisan majority, but the Senate effort is being led by Arkansas Senator Mark Pryor (D-AR) and me. And every major athletic association, including the National Football League, Major League Baseball, and National Basketball Association has endorsed this effort.

We will continue to work to move this legislation through the Senate - Congress is closer than ever to finally banning Internet gambling.

Sen. Kyl serves on the Senate Finance and Judiciary committees and chairs the Republican Policy Committee. Visit his website at www.kyl.senate.gov
Reply With Quote
Old 07-25-2006, 01:32 PM   #2 (permalink)
Dark Horse
SBR Hall of Famer
 
Dark Horse's Avatar
 
Join Date: 12-14-05
Posts: 6,754
Dark Horse is online now
Default

Tradesports, which has far more accurate record than polls in correctly assessing political events, shows only a 15% chance of this legislation passing; down from 25% last week.
Reply With Quote
Old 07-25-2006, 02:11 PM   #3 (permalink)
Dark Horse
SBR Hall of Famer
 
Dark Horse's Avatar
 
Join Date: 12-14-05
Posts: 6,754
Dark Horse is online now
Default

By the way, better to focus on Democratic senators. There is no way in the world Kyle is going to change his mind. This is his baby.

There are at least two points that Democrates should be sensitive to:
1) government assigning itself the authority to block websites. Censuring the web is totally un-American. At least it should be. China does it.
2) government telling Americans where they can and can't spend their own money.

I would suggest asking Democrates to filibuster this. Unless a 2/3rd majority decides against it (which there won't be), anyone has the right to express their views without a time limit.
Reply With Quote
Old 07-25-2006, 03:40 PM   #4 (permalink)
Bulldog
SBR Wise Guy
 
Bulldog's Avatar
 
Join Date: 06-22-06
Posts: 838
Bulldog is offline
Default

I just finished reading a great book called Myths, Lies, and Downright Stupidity" by John Stossel.
Someone should send this as.....ole a copy.
It explains how politicians think why they are better than everyone else and therefore they do us the favor of deciding how we should live our lives.
It makes me sick!!
__________________
“Liberty is the condition of men in which coercion by others is reduced as much as is possible in society" F.A. Hayek
Reply With Quote
Reply


Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Call Senator Reid increasedodds Players Talk 3 09-16-2006 08:50 AM
Call Frist's office directly 202-224-3344, Help stop the Internet Gambling bill JC Players Talk 1 09-16-2006 12:50 AM
Model Letter To Your Senator TheGuesser Players Talk 3 07-29-2006 09:11 PM
OT: Senator seeks tax on pimps, prostitutes bigboydan Players Talk 2 06-28-2006 08:55 PM


All times are GMT -5. The time now is 12:55 AM.



Search Engine Friendly URLs by vBSEO 3.0.0 RC6

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30