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HR2267 Gets its 66th Sponsor
3/9/10 - Congressman Barney Frank's HR2267 Internet Gambling Regulation, Consumer Protection And Enforcement Act attracted its 66th co-sponsor this week when Ohio Democrat Charles Wilson signed on.
Observers are taking a generally bullish view on the prospects for the proposal due to the careful political approach that Frank's has so far taken in the composition of the bill and in steering its political progress. This, added to a growing need for tax revenues among many cash-strapped states and the growth of online gambling demand despite US enforcement efforts to stamp it out, are seen as indicators that the proposal has a better chance of passing than previous initiatives.
Several states are currently exercising the right to decide on Internet gambling within their own boundaries, adding more pressure for reform and the overthrow of the unpopular Unlawful Internet Gambling Enforcement Act and its supporting regulations, which are due for implementation on June 1st.
Bi-partisan support for Congressman Frank’s measure already includes many senior ranking politicians such as George Miller, Chairman of the Committee On Education And Labor; John Conyers, Chairman of the Committee Of The Judiciary; Charles Rangel, Chairman Of The Committee On Ways And Means; Edolphus Towns, Chairman of the Committee On Oversight And Government Reform; Pete King, ranking member of the Homeland Security Committee; and Ron Paul, Vice-Chairman of the Oversight And Investigations Subcommittee.
Wilson was elected to the House of Representatives by voters in the sixth congressional district of Ohio, and took up his Washington DC responsibilities in November of 2006, just after the passage of the UIGEA.
Two other Ohio Representatives have previously signed up for the Frank bill; Democrats Steve Driehaus and Tim Ryan.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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