Frank to hold committee hearing Friday

Discussion in 'News & Announcements' started by KenSmith, Jun 4, 2007.

  1. KenSmith

    KenSmith Administrator Staff Member

  2. KenSmith

    KenSmith Administrator Staff Member

    Frank's Internet Gambling Regulation Bill Looking for Support

    Kelly Larkin, director of scheduling at the House Financial Services Committee, who also works for Rep. Barney Frank, told Casino Gambling Web's Gordon Price today that the best thing supporters of legalized Internet gambling could do is call their state representatives and explain to them that they would like to see gambling online legalized and regulated.

    http://www.casinogamblingweb.com/ga...egulation_bill_looking_for_support_46410.html

    Particularly useful in this article is a list of the co-sponsoring legislators.
     
  3. fgk42

    fgk42 New Member

    US lawmaker to seek online gambling ban exemptions

    Wed Jun 6, 2007 5:48PM EDT
    By Peter Kaplan

    WASHINGTON, June 6 (Reuters) - A Florida congressman is expected to introduce legislation on Thursday exempting poker and some other games from the Internet gambling ban passed by Congress last year, the lawmaker's aide said on Wednesday.

    The bill planned by Democratic Rep. Robert Wexler would carve out "skill games" such as online poker, bridge, chess and mahjong from the online gambling prohibition that President George W. Bush signed into law in October.

    "It allows Americans to play poker online as they should have every right to do," a Wexler spokesman, Josh Rogin said on Wednesday.

    The online gambling ban passed last year made it illegal for banks and credit card companies to make payments to online gambling sites.

    Wexler's bill will be unveiled the day before the House Financial Services Committee is scheduled to hold a hearing on the subject at the behest of Rep. Barney Frank, the committee chairman and an outspoken critic of the online gambling ban.

    The subject of Friday's hearing will be legislation Frank introduced that would more broadly roll back the online gambling ban. Rogin said Frank, a Massachusetts Democrat, is also supportive of Wexler's bill.

    Scheduled to tesify at Friday's hearing are the heads of several online payment processors.

    http://www.reuters.com/article/companyNewsAndPR/idUSN0643855220070606
     
  4. toonces

    toonces Member

    Actually, the people listed on the site are the members of the committee. The bill's co-sponsors are listed here:

    Rep. Gary Ackerman [D-NY]
    Rep. Shelley Berkley [D-NV]
    Rep. Michael Capuano [D-MA]
    Rep. Julia Carson [D-IN]
    Rep. William Clay [D-MO]
    Rep. Joseph Crowley [D-NY]
    Rep. Luis Gutiérrez [D-IL]
    Rep. Steve Israel [D-NY]
    Rep. Peter King [R-NY]
    Rep. Carolyn McCarthy [D-NY]
    Rep. James McDermott [D-WA]
    Rep. Charles Melancon [D-LA]
    Rep. Ronald Paul [R-TX]
    Rep. Ed Perlmutter [D-CO]
    Rep. Ciro Rodriguez [D-TX]
    Rep. Linda Sánchez [D-CA]
    Rep. Edolphus Towns [D-NY]
    Rep. Melvin Watt [D-NC]
    Rep. Robert Wexler [D-FL]
     
  5. KenSmith

    KenSmith Administrator Staff Member

    Thanks toonces.
     
  6. noman

    noman Top Member

    Hearing 10am:

    According to the House Capital report aired on Satelite, Frank's hearing is scheduled for 10 am, usually repeated late at night.
     
  7. Bi-Kemba

    Bi-Kemba Member

    Awesome

    This is so wonderful Ken. I am an advocate of internet gambling and it should be legalized here in the United States. People shouldn't have to travel by plane or car just to gamble on a basketball,football,hockey, or any other sport for that matter. I truly hope this analization will open some eyes.
     
  8. mikey754

    mikey754 New Member

    BJ not being considered

    I posted on another thread...but according to the report I read...only "skill games" IE poker...chess...bridge not BJ are being considered for revision of the Internet ban...if i am wrong please post..so we all will have have some ray of hope.
     
  9. toolman1

    toolman1 Active Member

    What I find interesting is that the games mentioned by mikey754 all involve direct competition between the players.
    Maybe they don't consider any casino game (i.e. where one plays against the casino) as being a game of skill.
    Or maybe the BJ community has not succeeded in convincing our leaders that BJ is indeed a game a skill.
    Or (my best guess) maybe they are not interested in allowing "gambling" but rather allowing competition between individuals.

    Just a thought.
     
  10. Archie

    Archie New Member

    Online gambling being discussed...

    in the next half hour on CNN (10:35 EST, Saturday June 9)
     
  11. fgk42

    fgk42 New Member

    June 8, 2007
    Legalizing Net gambling? There's a chance
    Declan McCullagh, for News.com
    Opponents of a federal ban on Internet gambling said during a congressional hearing Friday that it would be wiser to legalize and regulate betting than prohibit it.

    "In the end, adults ought to be able to decide for themselves how they spend the money they earn themselves," said Rep. Barney Frank, the Democratic chairman of the House Financial Services committee and primary backer of the legalization effort.

    Friday's hearing included witnesses from companies that process online payments. In general, they echoed the arguments once used in favor of ending alcohol prohibition and that are now being invoked to decriminalize marijuana: It's better to legalize, tax and carefully regulate an industry than let it flourish with far less oversight in the black market.

    Some countries already do just that. In the United Kingdom, for instance, Internet gambling is legal and strictly regulated. Some of the larger online casino operators are publicly traded on the London Stock Exchange.

    "On the basis of my experience I can unequivocally state that Internet gambling can be regulated, and that abuses can be effectively regulated and controlled," said Jon Prideaux, a consultant who until last year was the head of Visa Europe's Internet arm.

    A law that President Bush signed last year tried to eliminate many forms of online gambling by targeting Internet service providers and financial intermediaries, namely banks and credit card companies that process payments to offshore Web sites. The bill never received a formal vote in the entire Congress but instead was glued onto an unrelated port security bill that the Senate unanimously approved.

    Now the pro-legalization forces are trying to marshal a counterattack....

    http://www.nytimes.com/cnet/CNET_21...82139200&en=0fed6f2e914c794f&ei=5070&emc=eta1
     

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