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Iowa.  Home to corn fields….the Hawkeyes…..ok, ya got me.  I’m out.  I can’t think of anything else Iowa contributes to society.  Well, except what I just came across in the news.  Yep, online gambling fans, you’re gonna love this one, trust me.

This just in:  I know it’s hard to believe but in 2010, the United States of America does STILL not allow online gambling and the transfer of money to online casino sites.  You read that correctly.  What might be slightly more shocking (if that’s even possible) is that the first state which may wake up and smell the poker chips could be…..ready?  Iowa.  IOWA.  IOWAAAAAAAAAAA!!!!!!!!!!!!!!

How the hell did this happen?  Well, it’s not like people aren’t already playing online blackjack like it’s going outta style.  With fifty thousand residents already playing casino games over the internet, apparently the lawmakers are realizing that there are gazillions of dollars to be made.  Ever since the UIGEA (Unlawful Internet Gambling Enforcement Act) was passed a few years back, billions (BILLIONS!) of potential tax dollars have simply gone up in smoke as online gambling lovers have been forced to just not gamble at all (read:  USE NON-AMERICAN WEBSITES.)

This recent effort has been led by Congressional Representative Doug Struyk and could bring Iowa an estimated eleven million bucks in taxes.  (That’s a lot of corn.)  How would it work? Rather than using online payment processors, players would have to deposit money at local brick-and-mortar casinos before logging on to the actual online casino.  Any winnings would also be collected at the same casino.

Let’s go, Iowa, make this happen.  If it works, you can be sure other states wouldn’t be far behind.  Except with the corn thing.

This entry was posted on Monday, March 1st, 2010 at 2:57 pm and is filed under Blog. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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