A push to rewrite federal law to legalize internet gambling, banned since 2006, is gaining traction as politicians eye billions in additional tax revenue, CNET reports. At least some politicos are taking those arguments seriously. The U.S. House of Representatives committee charged with writing tax laws will hold a hearing on May 19 to consider a trio of legalization-and-taxation proposals. Rep. Barney Frank, D-Mass., is the author of H.R. 2267, which would allow internet casinos to obtain licenses from and be regulated by the federal government. A related bill, H.R. 2268, would impose a 2-percent federal "internet gambling fee" and,...

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About the Author:

Denny Carter

Dennis has covered higher education technology since April 2008, having interviewed some of the most recognized IT pros in U.S. colleges and universities. He is always updating eCampus News with the latest in pressing ed-tech issues, such as the growing i