Mass Congress Support for Online Gambling Bill
A premature cause for celebration or a sign of change to come? Representative Barney Frank (D-MA), a longtime supporter of regulating online gambling and outspoken on the UIGEA bill, has now brought 50 members of Congress on board with his new bill on Capitol Hill. The name you need to know and watch out for is the Internet Gambling Regulation Consumer Protection and Enforcement Act (HR 2267). Why should you care? Well besides legalizing online gambling, which the UIGEA bill outright banned, Rep. Frank's bill will create a concrete framework in which licensed gambling operators can accept wagers from US citizens and establish safeguards against the common dangers that are feared: compulsive and underage gambling, money laundering, fraud and identity theft. Until then, things have been a little "hazy" on who could and could not operate a business, from where they could, and who they could accept wagers from - both domestically and internationally. The new bill intends to firm up those guidelines and bring back some order to the mess the UIGEA has created. Additional provisions in the bill reinforce each state's right to decide whether they want to allow Internet gambling and the rules to be followed, or not. It will also allow the Native American tribes and states with previous experience in regulating gambling to have a say in the regulatory process, instead of dancing around the edges as previously done before. Money, honey Besides giving back the basic freedoms of each person and state about how gamblers access their games, a separate analysis was completed to calculate how much money this whole shebang will bring in. During this recession and its bounce-back, it's no small number when results came back as a hefty $48.6 billion (not including online sports gambling) and will reach $62.7 billion (including online sports gambling) over the next decade. So what's a nation to do? Hopefully get their representatives on board and educated. Till then, let's just hope that Rep. Frank doesn't lose any steam. HR 2267 co-sponsors are: Alaska Don Young (R At-Large) Arizona Raul Grijalva (D 7th) California Michael Thompson (D 1st) George Miller (D 7th) Michael Honda (D 15th) Linda Sanchez (D 39th) Bob Filner (D 51st) Colorado Jared Polis (D 2nd) Ed Perlmutter (D 7th) Connecticut Joe Courtney (D 2nd) Florida Robert Wexler (D 19th) Alcee Hastings (D 23rd) Hawaii Neil Abercrombie (D 1st) Idaho Walt Minnick (D 1st) Illinois Luis Gutierrez (D 4th) Bill Foster (D 14th) Indiana Andre Carson (D 7th) Massachusetts James McGovern (D 3rd) Barney Frank (D 4th) Michael Capuano (D 8th) William Delahunt (D 10th) Michigan John Conyers (D 14th) Nevada Shelley Berkley (D 1st) New Hampshire Paul Hodes (D 2nd) New Jersey Robert Andrews (D 1st) Frank LoBiondo (R 2nd) John Adler (D 3rd) Steven Rothman (D 9th) New York Tim Bishop (D 1st) Steve Israel (D 2nd) Peter King (R 3rd) Carolyn McCarthy (D 4th) Gary Ackerman (D 5th) Joseph Crowley (D 7th) Jerrold Nadler (D 8th) Edolphus Towns (D 10th) Mike McMahon (D 13th) Charles Rangel (D 15th) Paul Tonko (D 21st) North Carolina Melvin Watt (D 12th) Ohio Steve Driehaus (D 1st) Tim Ryan (D 17th) Oregon Earl Blumenauer (D 3rd) Tennessee Steve Cohen (D 9th) Texas Ron Paul (R 14th) Ciro Rodriguez (D 23rd) Virginia Bobby Scott (D 3rd) Tom Perriello (D 5th) James Moran (D 8th) Washington Jim McDermott (D 7th) |
Time to celebrate? Rep. Barney Frank's new Internet Gambling Regulation Bill is picking up some serious steam with 50 signatures. 








