Florida Wants to Beat Feds to Regulated Online Poker

Published Sunday, August 08, 2010 - Online-Casinos.com

The USA is a country of many climates and environments. Some states are cold and some are hot but lately all the states seem to be having the same financial problem of balancing their budgets. Florida has been a state hit by hurricanes, heat waves and cold snaps that have hurt local economies severely, causing tourism numbers to drop and tax revenues to plummet. With Florida expecting to show a deficit of about $6 billion next year, proponents of legalizing online gaming say the state could bring in hundreds of millions of dollars if the state legislators make the respective moves.

Rep. Joseph Abruzzo, D-Wellington, said recently he will push for legislation in 2011 that would legalize, regulate, and tax online poker and other gambling.
Abruzzo said, "The cards are all aligned," adding the proposal will bring in  $200 million a year.
It is estimated by some that U.S. residents wager just a little less than  $6 billion on offshore gambling websites per year. By checking the IP addresses of the players, it looks like are over a million internet poker players hail from Florida, the sunshine state. Licensing internet gambling companies to operate in Florida would include a $500,000 license fee and a 20 percent gross receipts tax.

The most surprising opponent of the legislation are online poker players themselves. Teresa Schofield, spokeswoman for the over one million members of the Poker Players Alliance, said, "We think a federal approach is better," Schofield also said, if Florida were to only allow online players to play against other players in Florida, the amount of money they could win is minimal because the prize money would only include those players from Florida. The large choice of who you play against, such as those with different skill levels and bankrolls would be reduced if play were limited to only one state. It is going to be a game of who gets the laws passed first, the federal government or the state government.

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