UPDATE: Senator Reid’s Online Gambling Bill is dead

Casino Watch Focus reported that Senate Leader Harry Reid was attempting to legalize internet gambling by attaching a bill during the lame duck session to important legislation that would almost certainly pass.  However, ESPN has reported that his bill is dead and that Internet Gambling will remain illegal:

It’s been a whirlwind of excitement since the first rumors that Sen. Harry Reid would be passing online poker legislation during the lame-duck session of Congress, but that excitement halted immediately Wednesday night. According to multiple sources, the bill will not be voted on or attached to another bill during the last few days of this session.

Three anti-online gambling supporters — Spencer Bachus, Dave Camp and Lamar Smith — will be heading some of the most powerful committees in Washington when House of Representatives reconvenes for business in 2011. As mentioned on ESPN Inside Deal, the key to the industry will be the availability for payment processors to do their jobs and if the Department of Justice amps up their enforcement regarding the UIGEA, those processors might be too cautious to serve the U.S. market.

And for more information on the dangers of gambling, please visit CASINO WATCH, & CASINO WATCH FOUNDATION

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