Re: thinktank says US will owe $100 billion
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The out of the box solution would be for Congress to authorize (and maybe regulate) all online skill gaming (and include their pet projects like pari-mutual horse racing and fantasy sports as skill games - and hopefully poker) while banning all online games of chance (and define sportsbetting as a game of chance to placate the leagues). This isnt quite the Wexler bill, but the Wexler bill is a good place to start.
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This is a horrible idea.
1> It is not up to Congress to "authorize" anything. Everything is supposed to be legal unless it is made illegal by law, not the other way around.
2> Splitting hairs is dangerous. What if poker ends up on the wrong side of the skill vs. chance split? Facts don't matter here; they rarely do in politics.
3> It is not up to Congress or anyone else in the Federal Government to determine what is or isn't gambling. That's a state power.
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