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Legalize online gambling
THE HOUSE OF REPRESENTATIVES is due to vote soon on proposals to ban online gambling, and the deck seems stacked in favor of sound bites over sound policy. Federal law already outlaws businesses from using phone lines to place or receive bets across state lines, particularly when the bets are on sporting events. That restriction, although it's not a clear ban on Internet gambling, has stopped the country's major casinos from taking bets online. What it hasn't done is stop Web users from gambling around the clock at offshore sites, often based in Central America and the Caribbean. According to one estimate, offshore sites offering poker games, sports betting and casino-style gambling collect $12 billion a year, about half of it coming from American wallets.
June 9, 2006
