Peter King, one of the most outspoken representatives for the US Republican party has come out by saying that he believes that regulation is the way to go for the online gambling industry in the country. While the Unlawful Internet Gambling Enforcement Act was passed on the back of the Homeland Security Act, King stated: “I see no homeland security or terrorist threats or whatever. If anything, regulation makes it less likely that there will be any significant threat.” It should be noted that King knows what he is talking about – he once served as Chairman of the Homeland Security Committee.

King also said that there is no evidence that barring online gambling in the United Sates is working. “We’re losing revenue,” he said, “and we’re not achieving the social purpose that was intended.”