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Senator Reid Says Poker Bill is Dead for Now

Senator Harry Reid said that his attempt to legalise online poker in this Congress session has failed.

Senator Harry Reid said that his attempt to legalise online poker in this Congress session has failed.

Senator Harry Reid said that his attempt to legalise online poker in this Congress session has failed.

He said that he has given up on his bill as “we have simply run out of time in this legislative calendar.” Reid said that while it was disappointing it will be “a priority for us in the new Congress.”

For a while it seemed that the bill drafted by Reid and Senator Jon Kyl might gain Senate passage before the end of the Congress session.

It was thought by many that the bill would gain Senate approval as part of must-pass legislation.

The bill would still ban most forms of online gambling other than poker.

However, it would have overcome the barriers set in place by the 2006 Unlawful Internet Gambling Enforcement Act.

Things were looking good for supporters of online gambling when the Justice Department ruled in 2011 that the law only applied to sports betting.

As a result Georgia and Illinois now sell lottery tickets online and other states are considering laws which would legalise online gambling.

While Reid’s announcement is disappointing for gambling fans, there is no doubt that Reid and Kyl will try again next year.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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