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Congressional Testimony - Michelle Minton on the Restoration of America's Wire Act

Regulatory Comments and Testimony

Title

Congressional Testimony - Michelle Minton on the Restoration of America's Wire Act

Read the full testimony here

 

From the conclusion:

It is human nature to fear the unknown and thus understandable that lawmakers would have concerns about this new and growing industry. I hope my testimony has shown that a national ban like the one proposed by H.R. 707 would not protect consumers from the potential harms associated with online gambling and would, in fact, make these harms harder to address by pushing it into a black market. Furthermore, it puts at risk one of America’s fundamental principles, the ability for state and local lawmakers to determine what regulations work for their state and reflect the will of their constituents.