Barney Frank may try to repeal online gaming ban

Online gambling ban reconsidered
Wed Mar 14, 10:41 PM ET

WASHINGTON (Reuters) - U.S. Rep. Barney Frank ((Dead link: http://us.rd.yahoo.com/DailyNews/politics/news/nm/wr_nm/gambling_congress_dc/22270579/*http://news.search.yahoo.com/search/news?fr=news-storylinks&p=%22Barney%20Frank%22&c=&n=20&yn=c&c=news&cs=nw) _news_, (Dead link: http://us.rd.yahoo.com/dailynews/capadv/bio/nm/wr_nm/gambling_congress_dc/22270579/SIG=117hf4ffu/*http://yahoo.capwiz.com/y/bio/?id=302) _bio_, (Dead link: http://us.rd.yahoo.com/dailynews/capadv/vote/nm/wr_nm/gambling_congress_dc/22270579/SIG=11g8b08s4/*http://yahoo.capwiz.com/y/bio/keyvotes/?id=302) _voting record_) is considering a bill to repeal a ban imposed last year on online gambling, said a spokesman for the lawmaker on Wednesday.

...more -http://news.yahoo.com/s/nm/20070315/wr_nm/gambling_congress_dc_1

He's always been against the bill. It sounds more like someone asked if he'd consider repealing the bill and a spokesman responded yes. Not that there is any plan to do so or was any 'announcement' that he might.

And I'm considering voting for John Edwards. Big Deal.
As long as Bush is President,the law stays.Just another sad line in a growingly pathetic resume.

[FONT=Arial, Helvetica]This issue cross party lines. While Frank may be a Democrat, his efforts are supported by some Republicans as well. Among the more important allies to online gambling - though perhaps not directly to Mr. Frank's efforts - are Christopher Strow (R) Washington and Jim Kasper (R) North Dakota. zg

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Barney Frank to Push On with Online Gambling Legislation Repeal

April 14, 2007
Jonny Vincent



News has surfaced this week reporting US Congressman Barney Frank has announced he is moving forward with his plan to seek the repeal of the Unlawful Internet Gambling Enforcement Act.

The OnlineCasinos website reported that Rep. Frank announced from Belgium that he would begin the process to repeal the legislation within the next two weeks. The bill, which was rushed through the last session of the Senate last year attached to a must-pass security bill, prevents US banking institutions from processing credit card transactions to online gambling companies.

...more - http://casino.pokernews.com/news/2007/4/barney-frank-push-online-gambling-legislation-repeal.htm

Repeal doesn't have enough votes to have a chance. (Dead link: http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=FT&Date=20070412&ID=6740552)

I agree. There's no benefit for any politician to repeal it.

Now I made a lot of money online just like a lot of us here did, but putting all selfish interest aside, online gambling hurts the US. For every player like us, there are 100 poor and ignorant people putting themselves on the dole with it, and little of that money gets recirculated back into our economy like it would if it were lost at a US land-based casino. So if I were an elected official who took an affirmation to serve the best interests of the country, I'd have to support the ban.

I know this will be an unpopular opinion here, but I have to call it like I see it.

I agree that online gambling is more negative than it is positive. Although personally I would love it to come back!

The funny thing is that online gambling has ALWAYS been illegal. Only NOW they decide to enforce it. So it can't ever really comback because it was always illegal.

It wasn't illegal in all states. It was illegal in our state, but it was legal in some states.

Plus, this bill didn't make the actual act of gambling online illegal. It was all about transferring money.

Democrat proposes lifting federal ban on Net gambling

Just six months after President Bush signed a law outlawing online gambling, a key Democratic politician has proposed lifting the ban.

Rep. Barney Frank, a Democrat from Massachusetts and chairman of the House Financial Services Committee, on Thursday introduced a bill that would replace the current broad prohibition with strict regulations, including criminal background checks and financial disclosure, imposed on companies that seek to offer legal Internet gambling.

"The existing legislation is an inappropriate interference on the personal freedom of Americans and this interference should be undone," Frank said. His bill is called the Internet Gambling Regulation and Enforcement Act ............



http://tech.msn.com/news/articlecnet.aspx?cp-documentid=4797708&GT1=10036 (Archive copy)

I just finished interviewing Congressman Barney Frank from the State of Massachusetts who just last week introduced the bill Internet Gambling Regulation and Enforcement Act of 2007.The entire interview can be heard on the “Be In Action” radio show that is co hosted by Kenny Einiger and Joe Pane.

The show airs live on KLAV 1230 on the AM dial at 6 PM Pacific Time tonight and every Thursday night.

If you are not in Las Vegas you may still listen to the show over the internet at the following links.

(Dead link: http://www.klav1230am.com/lowbandwith/liveonair.htm)

Or

http://www.worldblackjackchampion.com (Archive copy)

Past shows are archived at

http://www.lasvegasadvisor.com

Under Gambling Info “Be in Action”

Phone numbers to the show

866-820-5528

702-731-1230

But wasn't the main reason it was banned was because the money won wasn't taxed? I think if the government got their share just like from a casino then online gambling would still be allowed.