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House to Hear Online Gambling Bill This Week

May 17, 2010 (CAP News Wire) – On May 19, the House Ways and Mean Committee of the U.S. House of Representatives is scheduled to hold a tax hearing on Internet gambling, according to committee chairman Sandy Levin (D-Mich.).

“The committee will discuss the current tax laws and reporting requirements applicable to wagering in the U.S.,” writes Jay Heflin at The Hill. “It will also consider tax and other proposals related to pending legislation in Congress to license and regulate Internet gambling.”