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FRANK ELECTION CAMPAIGN SUPPORT FROM ONLINE GAMBLERS

The Boston Globe newspaper reported this week that Newton, Massachusetts Congressman Barney Frank does not gamble, but has received support for his reelection campaign from many gamblers.
 
The reason will be well known to most online gamblers and operators, if not the Boston public at large - Frank has been a determined political campaigner for a state-controlled, regulated and legalised online gambling regime in the United States, and strongly supports the right of citizens to decide how they spend their disposal income.
 
He has been instrumental in pointing out the confusion and inequities in US laws and tried to fix them, in the process publicising the positive aspects of the industry and its taxation potential.
 
To quote the Boston Globe article: "More than any other lawmaker, Frank is cited by online gamblers as their standard-bearer. In his powerful position as chairman of the House Financial Services Committee, he has proposed legislation that would legalize their industry, which has a shadowy image and is constantly under fire by the US Department of Justice."
 
The newspaper goes on to reveal that over the past year, Frank has quietly become a cult hero for poker players and the online gambling industry by championing their cause on Capitol Hill.  The result is contributions from gamblers to his campaign during a fund-raiser, and since January 2007, he has received $48 300 from poker interests, making up about 7 percent of his individual contributions, according to public records.
 
The Globe reports that gambling information websites have started posting videos of Frank from C-SPAN. Recent donors to his campaign account include a pit boss at the Bellagio Hotel and Casino in Las Vegas, and a world champion professional poker player who started out on the Internet called Chris Moneymaker.
 
In October, 10 of the country's top professional poker players held a fund-raiser in Washington for Frank. The player roll call included the likes of Annie Duke, Howard Lederer and Andy Bloch.
 
The report goes on to outline the history and current legislation position of online gambling in the United States, including the controversial passage into law of the Unlawful Internet Gambling Enforcement Act, which bans financial transactions with online gambling companies and resulted in a number of large companies leaving the US market and incurring heavy losses.
 
Importantly, the report notes that several businesses were exempted from the law, including online state lotteries, fantasy sports, and Internet horse racing.
 
In an interview with the Boston Globe, Frank said that his stance on gambling is rooted in his views about the proper limits on government intervention in people's personal decisions. "If people want to gamble in the privacy of their homes," he said, "they should be allowed."
 
He said he reread John Stuart Mill's "On Liberty" before filing legislation that would block the UIGEA.
 
"If it affects me, mind your own business," he said. "If affects others, let the government get involved."
 
The chief of the one million members strong Poker Players Alliance, former Senator Alphonse D'Amato,  is quoted as describing Frank thus: "He's a powerful, well-respected member of the Congress. That is important. He has been able to get members to look at this issue. No one has been able to do that."

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

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Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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