A new online gambling bill is making the rounds up on Capitol Hill, only this time we’re not as concerned as years gone past. This latest effort (S 3322) was set in motion by Arkansas Senator Tom Cotton and bears eye popping title: The Prevention of Deceptive or Child-Targeted Advertising in Violation of the Unlawful Internet Gambling Enforcement Act.
The crux of the bill implies that the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) isn’t being properly enforced, and calls on Congress to study the matter, particularly the use of cartoon characters “designed to be attractive to children.”
The bill stops short of recommending a “restoration” of the 1961 Wire Act (that is already playing in the courts at the moment) and instead calls on the government to study the situation, but under the auspices that online gambling is illegal, despite the numerous states that have legalized online poker, casino games, sports betting, and lottery products.
Essentially, since the 2018 Department of Justice opinion on the Wire Act has failed to scare states away from legalizing online gambling, the new bill is attempting to spook the financial institutions that are processing the payments for legal online gambling websites in the US.
You can read more about this latest legislation at Betting USA.