Headlines: Poker, Law, and Politics (06/08/07)

articles:
ONLINE WAGERING: Web bet ban repeal supported  (Las Vegas Review-Journal, 06/08/07)


Surprise Testimony at Online Gambling Bill Hearing (CardPlayer, 06/08/07)

Bring Back Internet Gambling? (CNBC: The Heat, 06/08/07)

S. Home to decide on Texas Hold ’Em (Albany Democrat – Herald, 06/08/07)

New Bill Would Tax 2 Percent of Poker Deposits (CardPlayer, 06/08/07)

Is Online Poker Dead…or Just Getting Started? (American.com, 06/08/07)

Online gambling: AOGA testifies to House Financial Committee (Eye On Gambling, 06/08/07)

press release:
Regulated Internet Gambling Would Better Protect American Consumers and Integrity of Financial Transactions (Safe and Secure Internet Gambling, 06/08/07)

excerpts:

ONLINE WAGERING: Web bet ban repeal supported  (Las Vegas Review-Journal, 06/08/07)
“Two more bills to repeal an Internet gambling ban were introduced Thursday as a House panel prepared for a hearing today on the $13 billion online wagering industry. Rep. Jim McDermott, D-Wash., unveiled a measure to tax Internet gambling companies if they are licensed and regulated in the United States. McDermott said his bill would dovetail with a bill introduced last month by Rep. Barney Frank, D-Mass., which would require the Department of Treasury to regulate online betting web sites.”

Surprise Testimony at Online Gambling Bill Hearing (CardPlayer, 06/08/07)
“The most compelling testimony in favor of legalizing online gambling didn’t come from the mouths of members of the online gambling industry, but from those who deal with problem gamblers everyday. Both Andrew Poole, of Online Services for GamCare, a charitable organization that addresses the social impact of gambling, and Keith Whyte, Executive Director of the National Council on Problem Gambling, pointed out how the proposed legislation would provide protection for both minors and problem gamblers.”

Bring Back Internet Gambling? (CNBC: The Heat, 06/08/07)
“Now that the Democrats control Congress, one lawmaker is trying to get that ban reversed.  Massachusetts Rep. Barney Franks believes Americans should be free to place their bets, as long as the web sites taking their money are licensed, regulated, and of course, taxed.  A hearing on his proposal is being held today (Friday, June 8). Many of the same family-values groups that pushed for the ban in the first place are fighting to keep it in place.  They argue that the Internet makes it too easy for gambling addicts and children to make wagers, destroying lives while funneling money to criminals or even terrorists.”

S. Home to decide on Texas Hold ’Em (Albany Democrat – Herald, 06/08/07)
“The City Council will decide Tuesday evening during a meeting whether to let bar owners hold Texas Hold ’Em poker tournaments inside their establishments, a move that has stirred debate since the city started discussing it in February. That’s when James Ashcraft, owner of Chewy’s Sports Pub & Grub, asked the city to allow social gaming, specifically Texas Hold ’Em tournaments, and presented 200 signatures from others who support his request.”

New Bill Would Tax 2 Percent of Poker Deposits (CardPlayer, 06/08/07)
“A companion bill to Barney Frank’s Internet Gambling and Regulation Enforcement Act was introduced in the House of Representatives last night by Washington State Congressman Jim McDermott.  McDermott’s Safe and Secure Internet Gambling Initiative would tax 2 percent of a person’s online poker or gambling deposits. The licensed sites would be responsible to pay the government the 2 percent of all deposits made for real-money play.”

Is Online Poker Dead…or Just Getting Started? (American.com, 06/08/07)
“Today, the House Financial Services Committee will hold a hearing to “examine whether Internet gambling can be regulated to protect consumers and the payments system,” according to Reuters.The hearing stems from a bill Representative Barney Frank (D-Mass.) introduced in April which, according to Wired.com, “would re-legalize online poker and gambling and regulate the industry, requiring that all gaming sites build technological safeguards to prevent underage and compulsive gambling, crack down on cheating and protect user privacy.”

Online gambling: AOGA testifies to House Financial Committee (Eye On Gambling, 06/08/07)
“This statement is submitted by the Antiguan Online Gaming Association (AOGA) for the consideration of the House Committee on Financial Services as it deliberates regarding the proposed legislation known as the Internet Gambling Regulation and Enforcement Act of 2007 (IRGEA). The key purpose of this statement is to respectfully request the Committee, as it develops and hones the IRGREA, to recognize the existing treaty commitments of the United States under the General Agreement on Trade in Services (GATS) to allow Antiguan remote gaming operators access to the United States gambling market.”

press release:
Regulated Internet Gambling Would Better Protect American Consumers and Integrity of Financial Transactions (Safe and Secure Internet Gambling, 06/08/07)
“Top experts testified today before the House Committee on Financial Services and offered further evidence to Members of Congress that a regulatory framework for Internet gambling would protect consumers and ensure the integrity of Internet gambling financial transactions. Leaders in the fields of internet payment processing, identity identification and online safety described how existing systems and technology have proven successful in combating underage and compulsive gambling and protecting against money laundering, fraud and identity theft.”

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One response to “Headlines: Poker, Law, and Politics (06/08/07)

  1. harvey nettles

    Please, please to those pushing this bill, keep at it until we get our rights back. I am an 84 year old who has trouble making it to Atlantic City where is where I go to play poker, I was playing on the internet until Bill Frist snuck the ban onto a bill that he knew Bush was goung to sign.
    It is much easier for me to play from my home
    instead of taking a 2 hour trip each way to AC
    Good luck, hmn

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