Rep. Barney Frank Wants to Make Internet Gambling Legal
Representative Barney Frank last week introduced a bill that would make gambling on the Internet legal in the United States. The bill would require all Internet gambling sites to be licensed by the Treasury Department. They would be regulated to make sure the games are fair, and that children are not allowed to gamble.
Congress passed what amounted to a gambling ban in 2006, as part of legislation that prohibits banks from accepting payments from credit cards, checks or electronic transfers to settle gambling debts.
Frank, the Massachusetts Democrat who opposed the 2006 bill, feels it's time to change the law, saying it "will enable Americans to bet online and put an end to inappropriate interference with their personal freedom." He has an ally in?Nevada Representative Shelley Berkely, whose district includes Las Vegas. "What we have now is an unworkable law passed by those who oppose gaming, whether it's done by adults in Las Vegas or on the Internet."
But those opponents are not about to give up, They include the National Football League, which says Internet gambling threatens the integrity of its games. Family groups are also taking up the fight. "Research finds that problem gambling is three to four times higher with Internet gamblers than non-Internet gamblers," said Chad Hills, analyst for gambling research and policy at Focus on the Family Action. "But Barney Frank doesn't care. He continues to push policy legalizing the most predatory, addictive and exploitive form of gambling to invade 91 million U.S. homes using the Internet."
Even if the bill passes in the House, it faces a major obstacle in the Senate. A similar bill has not been introduced there, and Majority Leader Harry Reid says he is against Internet gambling.
Gambling is a $16 billion a year business on the Internet, mostly on overseas sites. It's estimated that U.S. bettors amount for half of the bottom line of those sites.












Rep. Barney Frank Wants to Make Internet Gambling Legal
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Internet Gambling in the US
The US likes to feel smug about making something ilegal even though online gaming relies on Americans almost more than any other country. Maybe someone should tell congress and the senate that, hey! Maybe it's too late?! People are already playing! No law is going to stop people from doing what they will in their own homes, with their own money , with their own machines, with their own internet connection!
- topapito
May 11, 2009 10:19AM
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And So Do Millions of Americans.
Rep. Frank's bills repeal the UIGEA and establish a framework for levying and collecting taxes on an activity that is widespread and operates in a "wild west" environment .
There is a corollary bill in the Senate (S3161) sponsored by Sen. Robert Menendez of (D - NJ). It is limited to games of skill which include poker, bridge, mahjong and similar games which are not house-banked. This approach will likely be the first step taken should Frank's bills prove too far-reaching to pass as written. But don't count his bills out yet.
Harrah's Entertainment, MGM/Mirage and Sands are three of the largest companies operating in Nevada. All are now openly supporting Frank's bills, Harrah's has even hired it's own lobbyist, as have several other interests (Youbet.com, Poker Players Alliance). I suspect Harry Reid is no longer opposed to internet gambling , and even Nancy Pelosi probably will have to support it since there is a serious, well-funded movement in California to legalize Intrastate online gaming there to help ease the financial crisis.
Frank's bills accommodate the objections of problem gamblers, NFL opposition to sports betting (although online bets on horse racing is currently totally legal in the USA), and allows for States and Indian Nations to opt out of the regulatory structure.
Nobody who wants to gamble on the internet, especially compulsive gamblers, finds it too difficult to open an account and play for real money online.
The genie is out of the bottle. You might as well make him grant the American economy a few wishes while he's at it.
You want to protect degenerate gamblers? Start by outlawing Hedge Funds.
- Stark Raving Sane
May 11, 2009 11:10AM
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Gambling
If the US government is going to legalize gambling , they should do so on US sites so that they make money on the taxes . European governments have been doing the same thing lately, and the response has generally been positive. Here is an interesting article about the European crackdown on internet gambling: http://www.mindreign.com/en/mindshare/Global-Economics/Government-Hold-Em/sl35291137bp321cpp10pn1.html
- Tressor
July 17, 2009 12:17PM
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