UIGEA introducer in pocket of horse racing industry
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Representative Bob Goodlatte of Virginia, an originator of the unpopular UIGEA, said J.Todd of Perspectives Weekly in his webcast last week, has received $37,000 in donations from the National Thoroughbred Horseracing Association since 2003.
Horseracing is exempt from UIGEA regulations, and Goodlatte, the, according to Todd, “dweeby, hypocritical moralist,” believes that gambling is immoral unless it involves 4-legged creatures.
“The provisions protecting horseracing were included in the [UIGEA] package through the support of Senators Mitch McConnell (R-KY), Jim Bunning (R-KY), John Kyl (R-AZ) and Representatives Bob Goodlatte (R-VA), Mike Oxley (R-OH) and Jim Leach (R-IA),” according to the horseracing lobbyist group American Horse Council.
Although J. Todd is currently drawing attention to some of Goodlatte’s motivations, the fact of his acceptance of donations in relation to the UIGEA has been written about before, although the amount of money given to him has more than doubled since then.
The Independent ran a story written by Stephen Foley last October:
Over the past six years, the industry made contributions of $3.02m, all but $0.5m of which went to Republican candidates. Bob Goodlatte, the member of the House of Representatives whose prohibition bill in February gave the campaign to ban internet gambling its successful momentum, is one of the four members of the House of Representatives to have received the most campaign contributions, and the NTRA believes time spent educating Mr Goodlatte was the reason he agreed to exempt horse racing from his bill. He received $16,000 in campaign contributions, according to the figures. There is no suggestion Mr Goodlatte acted improperly in accepting campaign funds.
