While the emphasis in 2009 was on federal and state efforts to preclude internet gambling and attempts to counter those efforts, 2010 offers a more favorable out-look for the industry. As of June 2010, three bills are pending in the U.S. Congress that would authorize and regulate certain types of internet gambling. The bill introduced by Rep. Barney Frank-H.R. 2267-has, as of June, received the most attention. Rep. McDermott has introduced a companion bill-H.R. 2268-that would provide a taxing scheme for licensees under the Frank Bill. Both Sen-ate bills include similar taxing schemes. Some states, relying on a potential safe harbor provision in UIGEA, have considered or are considering legislation that would authorize some form of internet gambling. In California and Florida, it was internet poker. In New Jersey, it was internet casino games. The few months between the drafting of this survey and its publication may see either Congress or a state enacting a bill that authorizes and provides for the licensure and taxation of internet gambling in one or more forms.
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