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3/30/10 - The heat is rising over the apparently imminent launch of Congressman Barney Frank's bill seeking to legalise and regulate online gambling in the United States. This week Southern Baptist ethicist Richard Land called on Frank's House Financial Services Committee to oppose a bill he claims will undermine current (UIGEA) restrictions on Internet gambling and significantly harm America's youth, families, and communities.
Land, president of the Ethics & Religious Liberty Commission (ERLC), expressed his concerns to the 71 members of the committee.
Frank has already indicated his intention to seek committee approval for his Internet Gambling Regulation, Consumer Protection and Enforcement Act, H.R. 2267, which already has 66 co-sponsors across both Republcan and Democrat parties.
In his letter to committee members, Land noted that his ERLC is particularly disturbed that the Frank proposal would:
(1) release license recipients from state and federal control by granting "complete defense against any prosecution";
(2) grant authority to the Treasury Department to regulate gambling and thereby remove this power from the states, where it traditionally has rested; and
(3) transfer the ability to criminalize online wagering from a state's citizens to its governor, who can effectively reverse anti-gambling laws by deciding not to withdraw from legalized Internet wagering as regulated by the Treasury Department.

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The measure also "would serve the financial interest of gambling firms and complicate U.S. trade commitments," Land wrote.
The National Collegiate Athletic Association and the major professional sports leagues for baseball, basketball, football and hockey expressed their opposition to Frank's bill in a joint letter to the members of the Financial Services Committee last year.

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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.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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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