Barney Frank Trying to Repeal Frist Ban on Net Gambling

[Bronco_Beerslug]

Congratulations Barney! Logic and common sense may yet win out!

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Democrat says expect online gambling bill Thursday
Wed Apr 25, 10:15 AM ET

WASHINGTON (Reuters) - House Financial Services Committee Chairman Barney Frank (news, bio, voting record) on Wednesday said he will introduce a bill this week to lift a ban on online gambling.

"Why anyone thinks it is any of my business why some adult wants to gamble is absolutely beyond me," Frank told a community bankers group conference.

Frank, a Massachusetts Democrat, said he will introduce the legislation on Thursday.

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

The ban irked some in the European Union, which is home to online gambling companies that were forced to withdraw from the United States.

[RhymesayersDU]

That is awesome. I've been betting since then, but it'd be nice to lift the ban.

And it really is none of their business what I do with a couple extra bucks.

[Bronco_Beerslug]

Originally Posted by RhymesayersDU

That is awesome. I've been betting since then, but it'd be nice to lift the ban.

And it really is none of their business what I do with a couple extra bucks.

My holdem house quit letting me make direct withdrawals to my bank account because of this law. Only by check now which takes weeks sometimes.

[bendog]

He's just trying to swing your children to the darkside!

[55CrushEm]

Good....I'm all for lifting the ban (i.e. personal freedom).

Ironic, though, that Frank finds it necessary to make it the government's business on so many other should-be personal choices......

[RhymesayersDU]

Originally Posted by Bronco_Beerslug

My holdem house quit letting me make direct withdrawals to my bank account because of this law. Only by check now which takes weeks sometimes.

That is the only problem. I had a big weekend during the NCAA Hoops Final 4, and I ended up withdrawing some money about a week later... The 11th I believe... And it still hasn't gotten here. Now they are upfront about it, they told me it would be around 3 weeks, but still it's a pain in the ass.

[Garcia Bronco]

I have a problem with the money leaving the country, and the businesses should not be able to accept credit cards but accounts tied to actual assets.

[Bronco_Beerslug]

Originally Posted by Garcia Bronco

I have a problem with the money leaving the country, and the businesses should not be able to accept credit cards but accounts tied to actual assets.

You have all kinds of problems regarding personal freedoms it seems. It's none of your business what I do with my money.

[TailgateNut]

Originally Posted by Garcia Bronco

I have a problem with the money leaving the country, and the businesses should not be able to accept credit cards but accounts tied to actual assets.

I agree, but I need to run and have my brain examined for agreeing with you on anything not Bronco related!

[Garcia Bronco]

Originally Posted by TailgateNut

I agree, but I need to run and have my brain examined for agreeing with you on anything not Bronco related!

...we agree more thna you think.

[bendog]

I thought Frank was pretty much libertarian on personal choices? He's not for vouchers or school prayer, but sex, abortion, gambling ....

[W*GS]

Originally Posted by Bronco_Beerslug

You have all kinds of problems regarding personal freedoms it seems.

Thanks for the unintentional laugher.

[REB]

Go Barney Go! There are millions of us behind you on this one.

1-2-3-!!!!!!!

[Bronco_Beerslug]

Originally Posted by REB

Go Barney Go! There are millions of us behind you on this one.

1-2-3-!!!!!!!

I emailed all my representatives again on this. Frist used religious and moral justification for pushing it through last time. Hopefully, the new Congress won't be so easily fooled.

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Poker Players Alliance Applauds Chairman Frank on Introducing Sensible Internet Gambling Bill
Thu Apr 26

To: TECHNOLOGY EDITORS

WASHINGTON, April 26 /PRNewswire-USNewswire/ -- The Poker Players Alliance (PPA), a grassroots organization of more than 400,000 poker-playing members, supports House Financial Services Chairman Barney Frank (news, bio, voting record)'s introduction of sensible Internet gambling legislation.

"Congressman Frank's bill is a common sense approach to Internet gambling," said Senator Alfonse D'Amato, PPA Chairman of the Board. "Licensing and regulation will allow us to sort out the most responsible sites -- those who are good corporate citizens -- from those engaged in unscrupulous activities and practices. This legislation creates common sense public policy that establishes real safeguards, protecting minors and problem gamblers while allowing the majority of adults to enjoy poker and other games online."

Chairman Frank's bill will define a set of criteria by which banks and financial institutions will be allowed to process funds to and from Internet gambling sites that meet strict licensing and regulations. Such criteria would include requirements that sites operate state of the art age verification software, programs to help problem gamblers, and other technological requirements. In addition, companies would be subject to affirmative monetary controls to detect and stop money laundering activities.

"Americans have played poker throughout history. Playing poker on the Internet is simply an example of an American tradition evolving into the 21st century," continued D'Amato.

"The age verification technology that exists today to keep kids off of poker sites was non-existent years ago. The time is now to license and regulate operators and allow U.S. poker sites to compete with off-shore ones. The Internet poker genie is out of the bottle; you cannot put it back. The United Kingdom successfully regulates Internet gambling and with this bill we can too."

Last October, Congress approved and the President signed the Safe Ports Act, legislation that included the Unlawful Internet Gambling Enforcement Act. As a result of the plan, banks and credit card companies are required to monitor all financial transactions of its customers and block payments to online gambling sites. In addition, Internet Service Providers (ISPs) are forced to deny access to gaming sites all together. While outlawing Internet poker, the legislation exempts other forms of online gambling such as horse racing, fantasy sports, and state lotteries.

Michael Bolcerek, President of the PPA adds, "As opposed to driving the entertainment activities of millions of Americans underground, which the ban unintentionally does, Chairman Frank's legislation will add greater visibility to this area and better address social and financial concerns."

The Poker Players Alliance http://www.pokerplayersalliance.org is a non-profit organization advocating on behalf of American poker players.

SOURCE Poker Players Alliance

[REB]

Good deal. I'll do the same

[ak1971]

Who cares about internet gaming



In all seriousness though..this is this one big personsal thing that has turned me away from my party.