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The path to legal online gambling

This is a discussion on The path to legal online gambling within the Gambling and Sportsbetting in the news forums, part of the Best Sportsbooks category; The Path to Legal Online Gambling Congressman Barney Frank leads the massive American gamblers movement to the gates of congress ...

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Old 03-29-2008, 06:58 PM
Bettorsworld Bettorsworld is offline
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The path to legal online gambling

The Path to Legal Online Gambling

Congressman Barney Frank leads the massive American gamblers movement to the gates of congress in demand of a change in our handling of online gambling.



By Alon G | Mar 28, 2008

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UIGEA, USA, Barney Frank

The 2006 ban of online gambling seems to be weakening as the House Financial Service Committee (HFSC) begins a review of the regulations proposed by the Department of Treasury (DT). Prior to many state bills in past years, Barney Frank, Chairman of the HFSC, believes the hearings will suggest that the ban is futile.

The regulations were proposed in order to enforce the Unlawful Internet Gambling Enforcement Act (UIGEA), also known as the 2006 ban of online gambling. The concept of the review was published on October 4th gathering over 200 comments from politicians and interest groups. Many of the responses were questioning the effectiveness of the regulations.

"The hearing is going to show - I want to show - that it's not that the regulations weren't done well," said Frank. "It's that they can't be done well given the inherent nature of the issue."

The Path to Justice
Suggested bills made mostly by democrats, members of Congress, paved the path for such revolutionary actions. Rep. Shelly Berkley, a Democrat from Nevada, announced a bill calling for a one-year study of Internet gambling by the National Research Council of the National Academy of Sciences. The bill was supported by 68 cosponsors (four of them being Republican).

The review currently has 47 cosponsors, including four republicans, and will begin as early as April 2nd. "[The ban is] one of the stupidest things I ever saw," declares Frank.

Representing the gambling community from a political point of view, Frank is known for his request of legislation last year to repeal the ban and have the DT regulate Internet gambling in the US.

"It's going to take a couple of years," says Sen. Alfonse D'Amato (R-NY), the chief lobbyist for the Poker Players Alliance, when discussing the legalization of online gambling. D'Amato is currently speaking to Republican senators in order to find supporters to excuse poker from the current online wagering ban
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Old 03-30-2008, 12:40 PM
RAW RAW is offline
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Very intersting....it's great to read articles like this because you wonder, what's going on? It was ridiculous to ban online gambling and it gives some hope on the subject.
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Old 07-21-2008, 09:57 PM
bossballa
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aslong as the goverment can make a cut or the profits from gambling, its gonna be all good!
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