July 18th, 2008
WASHINGTON — If Internet gambling is legalized and taxed, Nevada could receive more than $300 million during the next decade to boost education and job training for foster children in the state, according to advocates of a bill introduced this week in the House.
Rep. Jim McDermott, D-Wash., who offered the bill, described it as a revision of legislation he introduced last year to tax Internet gambling companies if they are licensed and regulated by the Department of Treasury.
“The gamblers want it; the poker players want it because they want a system in the United States, run in the United States, governed by our laws rather than floating out there in the world of the Internet,” McDermott said Thursday.
This makes a good “marriage,” McDermott said, with his own goal of finding money to help foster children approaching adulthood.
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ReviewJournal.com – Business – Nevada contingent opposes latest Web gaming bill
Author Contact Info: Tony Batt
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