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Frank Supports Online Gambling Bill with Reservations

October 15, 2007

Unless you have been living under a rock for the past year, you are aware that the Unlawful Internet Gambling Enforcement Act was passed and that there are currently three camps of people: those that want to see online gambling legalized, those that want to see it illegal, and those that just don’t care. Barney Frank, a Democrat from Massachusetts falls into the first category.

Frank has been building support for his bill, the Internet Gambling Regulation and Enforcement Act of 2007 (IGREA) which would make online gambling legal again in the United States, but would regulate it. He has been very critical of the online gambling bill that passed last year, and has been trying to get his bill more support so that he can get it passed.

In the interim, Rep. Shelley Berkley, a Democrat from Nevada, has asked him to co-sponsor her bill that calls for a one year study of online gambling in the US, so that they can see the true pros and cons of the online gambling industry. Frank has stated that he sees very little to gain from such a study, but will continue to co-sponsor it anyway.

As he only has 37 co-sponsors for his bill at this point, he says that support for the regulation of online gambling seems to have come to a halt at the moment. However, with the European Union and the World Trade Organization fighting on behalf of the other countries that depend on online gambling to support themselves, he feels that there will be a strong surge in support for the bill as the public puts additional pressure on their representatives so as not to have to pay the penalties associated with the bill.

He says that pressure is going to increase as more and more countries start looking for income from the US. Frank says that he will support the online gambling bill with reservations, as he looks to gain more support for his own bill.






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