Barney Frank was Chairman of the Houses Financial Services Committee today when it adopted its policy to regulate and license Internet gambling. A vote clearly brought the online casino’s bill with it, but an appeal indicating who voted which way will take place later that afternoon at the behest of Republican Spencer Bachus, a leading opponent.
Several changes to the original proposal have been discussed by the members of the House Financial Services Committee, some have been added. New York’s Peter King proposed a clause stating that all sports betting, including online betting, remains illegal. The amendment was approved, but not before Frank sarcastically noted the NFL’s fear that US citizens could start playing sports without the additional language.
Michigan-based Gary Peters requested that companies that have already made an exception to the UIGEA because of their language, such as: B. Tribal casinos and state lotteries are excluded from the regulation in Franks HR 2267. Bachus argued that the rule should apply equally to all online gambling, but passed the amendment.
Ohio’s Mary Jo Kilroy proposed to include restrictions on online gambling advertising by licensed casino operators. She expressed concern about predatory ads targeted at problem gamers and called for unsolicited marketing to be restricted. This also passed.
While the original bill includes a wording that allows states that don’t want to participate to deregister, Bachus suggested that the law should instead get states to register and remain under the UIGEA gaming ban until they do to have. This action failed.
Bachus also raged against what he considered lobbying and influenced buying through foreign gambling interests. He did not mention his own support, which included radical groups of evangelists who could use the upcoming appeal to select targets in re-election campaigns.
Published on July 28, 2010 by TomWeston