Headlines: Poker, Law, and Politics (04/27/07)

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article:
Recent raid ups ante for Valley’s poker players (Frontiersman, 04/27/07)

CBI raids poker Wheat Ridge poker business (Rocky Mountain News, 04/26/07)

If You Can’t Beat ‘Em, Make ‘Em Pay (Forbes, 04/27/07)

Barney: Let it roll: Bill would end ban, license New gambling (Boston Herald, 04/27/07)

blog:
Frank Introduces a Long-Shot Online Gambling Bill (Washington Wire, 04/26/07)

excerpt:

Recent raid ups ante for Valley’s poker players (Frontiersman, 04/27/07)
“That changed in the Valley on April 14, when members of the Alaska State Troopers’ Bureau of Alcohol and Drug Enforcement, along with Palmer and Wasilla police, conducted a high-profile bust on a Wasilla building that led to the arrest – and subsequent felony charges – against five area residents. Warrants were also served on six private residences in Anchorage and the Valley. The bust has led to renewed debate about whether the game should be legal in Alaska. And it raised questions about using limited police resources on trying to crack down on what players say is a victimless crime.”


CBI raids poker Wheat Ridge poker business (Rocky Mountain News, 04/26/07)
“The Colorado Bureau of Investigation has seized documents and records from the Wheat Ridge office of the Amateur Poker Tour as part of an investigation into suspected illegal gambling operations. The poker company holds “Texas Hold ‘Em” and other poker games in area bars and restaurants. The bars and restaurants. hoping to bring in business, pay the company to stage the games.”

If You Can’t Beat ‘Em, Make ‘Em Pay (Forbes, 04/27/07)
“U.S. Rep. Barney Frank, D-Mass., realizes the Internet gambling genie is out of the bottle. He just wants the genie to pay for his freedom. Frank, the Democratic chairman of the House Financial Services Committee, has introduced a controversial bill that would ease the current restrictions on Internet gambling in the U.S., allowing more Americans to gamble online. Most important, it would collect money from companies that aren’t paying the U.S. government now. And there are a lot of taxes and fees to be squeezed out of an industry with an estimated revenue of nearly $6 billion in 2005, according to figures provided by the American Gaming Association.”

Barney: Let it roll: Bill would end ban, license New gambling (Boston Herald, 04/27/07)

“The fledgling national ban on Internet gambling is facing its first serious assault, with U.S. Rep. Barney Frank (D-Newton) pushing plans to legalize on-line wagering. Frank, the new chairman of the powerful House Financial Services Committee, filed a bill yesterday that would overturn the six-month-old ban and revive a multibillion-dollar industry.”

blog:
Frank Introduces a Long-Shot Online Gambling Bill (Washington Wire, 04/26/07)
“House Financial Services Committee Chairman Barney Frank introduced a bill today that would allow people to gamble over the Internet using their credit cards, a practice Congress banned just last year. “The issue is whether adults who work for their money in the comfort of their home should be allowed to engage in a form of recreation which is enjoyed and which has no conceivable negative impact on anybody else,” Frank said at a press conference.”

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