Mr. Chairman, I feel somewhat like a skunk at the church picnic, but I rise today to urge my colleagues to vote against this senseless and useless piece of legislation. I know something about gaming and gaming law. I was a gaming attorney…
Mr. Chairman, I feel somewhat like a skunk at the church picnic, but I rise today to urge my colleagues to vote against this senseless and useless piece of legislation.
I know something about gaming and gaming law. I was a gaming attorney for many years before I came to the United States Congress, and I represent Las Vegas. This bill, in spite of what its sponsors say, will not stop illegal Internet gaming, and, if passed, it will have serious unintended consequences.
This legislation, let me reiterate, will not stop Internet gaming. It exists today. There are over 1,600 gaming Web sites offshore already. Americans are playing online now. But instead of playing on well- regulated sites, they are placing wages on the existing 1,600 offshore unregulated sites which have no requirement to verify the identity, the age, the background, or the location of the person placing the wager.
In most cases, there is no regulation of offshore sites. A child can place a wager on these offshore sites, a compulsive gambler can place a wager on these sites, and there is no guarantee that players will receive their winnings from these offshore sites.
My good friend, the gentleman from Alabama (Mr. Bachus), speaks of mob influence and speaks of protecting children from gambling. There is not one thing in this legislation that will remedy any of the problems that he speaks of.
Let us not be foolish enough to believe that this bill will stop people from gambling online. Despite efforts by every credit card company in the United States to prohibit the use of their financial instruments for Internet gaming, the General Accounting Office predicts that the offshore Internet gaming industry will continue to grow to a $4.2 billion industry in 2003 with a growth rate of 20 percent per year. Passing this bill will do nothing to impede that growth. Online gaming is here to stay.
If these unregulated and unscrupulous offshore sites continue to flourish, the integrity of the legal gaming industry is also at risk. Instead of prohibiting online gaming, we should be closely examining online wagering to see if it can and should be regulated and taxed as a legal business. No one knows the answer to this, but it might turn out that it may be the only effective way to stop illegal online wagering
and the problems it creates. H.R. 2143 would cut off this option, and we should not pass it.
For those people that are so worried about funding of terrorists, let us have our so-called Saudi allies and our moderate Arab allies, let them stop the money they are flowing into the terrorists, and not kid ourselves to think that stopping online Internet gaming is going to do the trick for us.
Mr. Chairman, I thank the gentlewoman for yielding me time.
Mr. Chairman, it has become very apparent to me after listening to this debate that the supporters of this bill not only oppose the Internet gaming, they are opposed to any form of gaming whatsoever. They speak of gaming and they speak of addiction and crime and drugs and suicide.
Well, I grew up in Las Vegas. Las Vegas has 1.5 million residents; 37 million visitors come to our community every year to enjoy our entertainment, and our wholesome family entertainment, I might add.
I grew up in Las Vegas. I represent the good people of Las Vegas who depend on the gaming industry for their livelihood. My father was a waiter when I was growing up. He worked in one of these casinos that you disparage so handily.
Let me state what Las Vegas means to me. On a waiter's salary my father was able to put a roof over our heads, food on the table, clothes on our backs, and two daughters through college and law school. That is not so bad on a waiter's salary. And the reason he was able to do it was because of the strong economy that the gaming industry created.
Las Vegas to me is churches and synagogues and families and Saturday soccer and proms at this time of year and graduations and hopes and dreams and aspirations to millions of people that come to Las Vegas and the 1.5 million people that live there.
And, quite candidly, the people in this Chamber ought to be ashamed of disparaging a community like Las Vegas that I daresay lays shame to all of your own. So please be careful when you speak of my community and the major industry that takes care of the people that live there and provides good educations, good economy, good living conditions, and a quality of life that is the envy of the rest of the United States of America.