Harry Reid Folds His Hand: No Online Poker Bill This Year

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It now appears that despite a flurry of interest earlier this month, Congress isn’t going to take a good look at legalizing and regulating online poker this year.

Staffers for Senate Majority Leader Harry Reid had been circulating a bill, backed by many bricks-and-mortar casinos in Reid’s home state of Nevada, that would have created a federal regulatory body to oversee online poker nationwide and would have permitted the granting of licenses to gambling operators to run online poker games.

However, ESPN has reported that the bill is dead. It will not be voted on in the current lame-duck session. Reid has been quoted as saying that there’s too much work remaining to be done on the bill in too tight a time frame.

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Published In: General Business Updates, Criminal Law Updates, Elections & Politics Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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