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Bill to End Gambling Ban

A bill to end a ban imposed last year on online gambling in the United States will be presented within two weeks but will likely need time to garner support, U.S. Rep. Barney Frank said on Thursday.

Internet gambling in the United States was effectively banned last October when President George W. Bush signed legislation outlawing gaming financial transactions.

I want to get it undone," Frank told reporters. Frank, a Massachusetts Democrat, is chair of the House Financial Services Committee. The ban irked some in the European Union which is home to online gambling firms that were forced to withdraw from the United States.

The bloc's internal market chief Charlie McCreevy has hinted he may challenge the ban at the World Trade Organisation. Last month the WTO said the ban violated international trade law as it still allowed online bets for horse racing.

Frank, who held talks with McCreevy during his visit to Europe, said the bill will be introduced or registered within a couple of weeks to test the level of support.

"I think a reconsideration among my colleagues is beginning but it's not far enough along yet," Frank said. "If the storm of public unhappiness is great enough then I will try to substantially revise that ban."

Poker players were lobbying for an exemption from the ban just for their game but Frank was "unpersuaded."

"I am not going to draw a distinction between poker and blackjack," Frank said.

He said no major progress on the bill was likely soon.

The ban has hammered the stocks of online gambling companies such as Britain's PartyGaming Plc, but Frank said he may not be able to tackle the whole online gambling issue.

"My committee only has jurisdiction over credit cards. I can't do more than repeal the ban on the use of credit cards. We don't have jurisdiction generally over the Internet or other aspects of this," Frank said.

The U.S. bill forbids credit card firms in the United States from taking money for bets on online sites.

The Caribbean states, and not the EU, were the major complainants about the ban, he added.

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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

Red Riding Hood Online Slot Launched - The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.

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Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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