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Gambling Lawyer Pessimistic On Barney Frank Gambling Bill
9/25/09 - The ambience at EiG may have been optimistic and even buoyant regarding the future legalisation of online gambling in the United States but it is apparently not shared by all the experts.
Speaking at the International Masters of Gaming Law conference in Amsterdam this week, the respected Las Vegas-based online gambling legal expert Tony Cabot appeared pessimistic on the prospects for success of attempts to legalise online gambling and poker by Congressman Barney Frank and Senator Robert Menendez.
“Nothing is going to happen this year,” Cabot predicted. “Barney Frank has already pushed his [legislative proposal HR 2267] back, and once we get into next year we will be into an election cycle. The Democrats in particular are under a lot of stress at the moment and the last thing the Democrats want to get involved in is an unpopular fight because the Republicans would be all over it.”
Cabot assessed the chances of success for the bill at around 5 percent. “This is a move that will not come at the federal level,” he said, implying that state initiatives are more likely to succeed.
Cabot gave an overview of recent moves in California and Massachusetts to move the online gambling legalisation agenda forward, but described these as having achieved 'scant progress' so far.
Turning to the Menendez’s attempt to legalise games with an element of skill such as poker, backgammon and bridge, Cabot characterised this as ‘Harrah’s’ bill’ and commented that neither the Frank or Menendez bills had the support of veteran Nevada Senator and Democrat Majority Leader Harry Reid, and had also met with varying degrees of enthusiasm from US land gambling giant companies.
“There is a lack of consensus,” he said. “The senior senator from Nevada will not budge until there is a clear consensus on the issue, and this is not present. Harrah’s want to push this hard because they own the World Series of Poker. [But] Steve Wynn... has hired lobbyists to go against it.”
If the US did legalise online gambling it was likely that operators who had never taken US bets online, whom he described as 'clean' would be in a better position to achieve licensing. Those who had immediately exited the US market on the passing of the UIGEA “...may or may not be able to get a license depending on how this progresses”, he said.
Cabot added a new possibility to the opposition mix, too - the likelihood that large online poker firms like PokerStars and Full Tilt, which have continued to offer their services to US players in defiance of US legislation, may attempt to kill the legalisation initiative, realising they stood no chance of getting licenses and would face increased legal US competition. These companies had the resources to make such a threat credible, he opined.
The legal expert raised the interesting prospect of what he referred to as an unholy coalition of cross party opposition to the legalisation of online gambling.
“We have the conservative republicans and the Ralph Nader Democrats who oppose the bills – so it doesn’t even break on party lines. And one thing we know about the United States is that it is a lot easier to kill something than what it is to get something passed,” he concluded.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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