Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts. Although online gambling is popular with millions of Americans, it is illegal in the United States, and the casino industry has considered it a threat. But a trade group that represents major casinos like [...]
Casinos Warm Up to Online Gambling as a Better Bet
October 6th, 2010 No Comments
Tags: Barney Frank · Harrah’s Entertainment · MGM Resorts · Wynn Resorts
Internet Gambling Legalization Bid Seen Losing Steam
August 3rd, 2010 No Comments
A movement to legalize online poker and other forms of non-sports betting cleared a major hurdle when a key bill passed the House Financial Services Committee July 28. But final passage of the measure is still being viewed on Capitol Hill as a crap shoot at best. “This is, by no means, a sure thing,” [...]
Tags: Barney Frank · HR 2267 · HR 4976 · Jim McDermott · Robert Menendez · Spencer Bachus
Congress is considering legalizing Internet gambling
July 28th, 2010 No Comments
With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say [...]
Tags: Barney Frank · Brad Sherman · internet gambling · Jim McDermott · Spencer Bachus
Barney Frank Pushes for Online Gambling Again
May 6th, 2009 1 Comment
Legislation to allow Internet gambling is scheduled to be introduced today by US Representative Barney Frank. Similar legislation failed in the last Congress. Frank, a Massachusetts Democrat, has support for the bill from such companies as Youbet.com Inc., and Harrah’s Entertainment Inc., in addition to the Poker Players Alliance, formed to overturn a 2006 ban [...]
Tags: Barney Frank · uigea
Barney Frank Speaks Out Against UIGEA, Again
March 8th, 2009 No Comments
When financial needs override the hypocritical morals… In a statement on Thursday, the House of Representatives Financial Services Committee Chairman Barney Frank vowed to seek the repeal of UIGEA as part of a package of US financial reforms. It’s unclear if the act ever actually succeeded at retargeting scurrilous online gamblers back towards resorts or [...]
Tags: antigua · Barney Frank · uigea · WTO
