The House Financial Services Committee recently approved the Internet Gambling Regulation, Consumer Protection, and Enforcement Act of 2009 which would essentially let Internet Gambling operators take online bets in the U.S. If the bill makes it through the full house and senate, it would overturn the 2006 Unlawful Internet Gambling Enforcement Act which bans U.S. banks from processing transactions from Internet gaming sites.
So what would that mean for Las Vegas casinos? And how would regulation of online gambling work? We talk to professional poker player Greg Raymer and anti online-gambling activist Greg Hogan about what this bill might mean for gamblers, Las Vegas casinos and gambling addicts.