“Even seasoned gamblers love a long shot, so it’s no surprise that many will put their chips behind Rep. Barney Frank (D-Mass.) when the Financial Services Committee chairman unveils legislation to roll back last year’s crackdown on Internet gaming.
He is holding a press conference Thursday to discuss his bill, which he characterized as a blanket repeal of the enforcement mechanism Congress approved in 2006. Frank has been a vocal critic of the current law already this year, encouraging bettors of every stripe who were caught off guard by last year’s crackdown. But he does not plan to actively sell this bill on the Hill after he introduces it; instead, he will wait to see if outside groups can do that for him.”