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McDermott Foresees Legal Online Sports Gambling
WASHINGTON, D.C. --
US Representative Jim McDermott, a staunch supporter of regulated online gambling, says the massive amount of betting on the Super Bowl shows a public desire for legalized sports betting. McDermott told the Congressional paper Roll Call that passing Barney Frank's bill regulating online gaming would be step toward allowing sports wagering.
McDermott said that “it’s projected that 99 percent of wagers on the Super Bowl will be placed illegally online or through a bookmaker, where consumers have no legal protections and are left vulnerable to exploitation.”
While online casinos and Internet poker are the subject of debate, with the US Department of Justice declaring such activity illegal despite court decisions that say otherwise, there is no debate on the legality of sports betting. A federal law passed in 1992 makes it clear that sports gambling is illegal in most of the US.
But McDermott says millions of Americans patronize online gambling sites and deserve the protection of the government, whether they prefer casino gambling or sports betting.
“Clearly, the current prohibitory approach to online gambling has failed, leaving consumers vulnerable to fraud, identity theft and money laundering, while billions of dollars flows out of the U.S. economy into the hands of offshore gambling operators who exploit U.S. laws,” McDermott comments in the Roll Call article.
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