• Congressional Hearing Set Up for RAWA in Early December

    11 November 2015


    The Restoration of America's Wire Act is the product of Sheldon Adelson's campaign to end online gambling in the United States to protect his land-based casino empire. It hinges on changing the Wire Act from the 1960s, an act used to combat organized crime sports betting operations that took bets over the phone, to something it was never meant to be: a law that affects all forms of gambling on a piece of technology that wasn't even invented yet. A Congressional hearing for this act is apparently due on December 9.

    The Chances of the RAWA Passing

    At this point, it's tricky to say what the chances are of the RAWA passing. Right now it's known as HR707 in Congress, and players are urged to contact their senators and representatives to speak out against this bill. While there's a lot of scary stuff going on, especially since everyone remembers how the UIGEA was sneaked through, the fact of the matter is that only 24 representatives have become supporters. While this hearing could increase supporters, it's more likely to be a dud overall.

    Another Chance for Adelson

    Adelson has another option to try to get politicians to put a moratorium in effect for purposes of studying the online gambling industry for two years. This would prevent any states from regulating the environment, and its effects aren't immediately clear for states like New Jersey, Nevada and Delaware that already have online gambling licensing processes. As much as Adelson is sure that people playing penny slots on their smartphones while waiting in a doctor's office lobby is going to bankrupt his business, the fact of the matter is that this moratorium is more likely than getting the RAWA passed while remaining a long-shot.

    Likely Outcomes

    The irony behind all of this business with the RAWA is that the most likely outcome is that absolutely nothing good happens for Adelson and more attention is brought to the need to regulate the online gambling industry. In gambling circles, this is known as a freeroll because we have a chance to gain something without really risking anything of value, and with as much attention as the RAWA is getting right now, its chances of actually being passed are next to nil.

    Related News

    • Microgaming wraps up 2021 with a range of gaming greats this december %281%29

      New Online Slots

      Microgaming Reveals Festive iGaming Treats in December and Wraps it up for 2021GamesAndCasino10 December 2021

      Microgaming is shaking things up this month with a new batch of exclusive content from its partner studios, available throughout all of December. After dropping a multitude of awesome autumn content last November and shocking news about selling Quickfire and progressive jackpots to Games Global, the privately held gambling software company has put together a charming list of festive slots and special holiday treats, designed specifically for the winter season.

      Read full article
    • Internetbetting

      Gambling News

      Daily Fantasy Sports Hearing Called For in Congress23 September 2015

      It's no secret right now that daily fantasy sports represent one of the fastest-growing segments of the online gambling market. It's gained more steam in the United States over the past 18 months than most forms of online gambling ever had, and more states have started making decisions about the legality of the game. Now there could be an upcoming congressional hearing on the subject as well. The Need for the Meeting Congressman Frank Pallone Jr.

      Read full article
    • Californiapoker

      Gambling News

      California Continues Looking at Online Poker27 May 2015

      In hearings this week in the joint Senate-Assembly for the state of California, Governmental Organization committees heard expert testimony from several interesting parties that had a lot to say about the feasibility of vetting and licensing operators. They also heard from others who had other types of interest in the proposed legislation, and a strong case for online poker's expansion continued to be heard. Handling Regulated Online Poker

      Read full article