So much for Barney Frank

[autobet]

Reuters released a story today that Frank intends to introduce a bill to repeal the ban in a couple of weeks. This would be a good time for us to contact our congressmen.

BRUSSELS, April 12 (Reuters) - 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.

[Skallagrim]

We have to remember that this issue is really a small blip on the national radar. But that fact was what allowed the UIGEA to get "passed" in the first place, and it can be used to get it undone too.

You really think its nothing if there is a bill passed that exempts credit cards from the UIGEA because "its too difficult for banks to enforce?" Hell, thats a MAJOR VICTORY.

And more is possible, even the poker carve out is not dead as things progress and develop.

Also, a little bit of this is Frank working with other politicians who have an interest in gaming law, specifically those Reps from Nevada. They want a big study and then a big law that taxes and regulates internet gaming. They also want to insure that their consitutients (the casinos) can get a piece of the pie. A free-foreign gaming market is not what they think is good for them. So a little roll back to appease us players while they figure a way to have openly legal US online gaming companies is whats most likely to happen now.

It still moves us in the right direction.

And it still means we should all make our opinions known to our representatives, one way or another.

Skallagrim

[Sniper]

[ QUOTE ]
You really think its nothing if there is a bill passed that exempts credit cards from the UIGEA because "its too difficult for banks to enforce?" Hell, thats a MAJOR VICTORY.

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What do Credit Cards have to do with UIGEA??? (note: if you are going to passionately attempt to make a point, at least know what you are talking about) [img]/images/graemlins/wink.gif[/img]

[Skallagrim]

From the original post:

"Frank did say that he will not repeal the entire bill, only the part that has to do with the issues in his committee.

"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."

From the UIGEA : OK - I have misplaced my link to the UIGEA, but my recollection is clear that credit card transactions were one of things that the UIGEA mandated banks monitor and block for gaming sites.

Yes I know that the DOJ convinced all the big credit card companies to stop gaming transactions a few years ago. But a few still get through. And maybe even some of the big ones would drop the "ban" if the UIGEA specifically exempted them from this "responsibility."

Please refrain in the future from suggesting I dont know what I am talking about. I make mistakes, sure, and am occasionally flat out wrong, but I dont post about things I know little about. Perhaps you should have read the OP a little closer before suggesting otherwise?

[Petomane]

All Barney Frank is saying that he's going to need a lot of support on this. If there's 23 million online poker players in the U.S., now's the time for them to be heard.

Seeking a carve out for poker is just plain stupid and defeatist and should not be pursued. That means you're acknowledging that UIGEA is a wonderful thing, but poker should be exempt. Barney Frank says the whole bill is preposterous and that he has no jurisdiction over the Internet.

I've said it many times - this is an issue of the freedom of the Internet. China and other totalitarian regimes restrict access to their citizens and now America is doing the same thing. Barney Frank says that adults should be allowed to do what they like on the Internet and it's not for the government to tell them otherwise. It's the only sensible course of action.

[Skallagrim]

Playing Devil's advocate to Petomane:

Oh so people should be allowed to purchase drugs, child pornography, and stolen government security secrets over the internet? If we can make that illegal, why not gambling? Are you really saying everything is OK, or at least shouldnt be illegal, just because it is on the internet?

[Mondogarage]

[ QUOTE ]
All Barney Frank is saying that he's going to need a lot of support on this. If there's 23 million online poker players in the U.S., now's the time for them to be heard.


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That number has never been substantiated in any way, shape, or form. There are no where *near* that number of US players actually playing for money online.

[Coy_Roy]

If the credit card restrictions are lifted, is this going to be enough to persuade the big players like Party to return to the US market?

I don't think so.

[mungpo]

Skall, all the things you pointed out are illegal as you said. The point is, people still do all of these over the internet regardless of its legality and that will always be the case.

[mungpo]

[ QUOTE ]
If the credit card restrictions are lifted, is this going to be enough for the big players like Party to return to the US market?

I don't think so.

[/ QUOTE ]

Party would be back in the US market if that were the case since people can still use their credit cards to deposit.