crimeandpunishment writes “The odds of Congress passing legislation to legalize and tax online gaming are probably no better than those of filling an inside straight, but some lawmakers are pushing for it anyway, hoping to lay the foundation for future passage. At a hearing Wednesday, one lawmaker cited numbers from industry analysts that Americans bet nearly $100 billion a year on the Internet, generating $5 billion for offshore operators. He said laws to prevent online gaming are no more effective than Prohibition was to alcohol.”

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