Online Gambling In The House Today, July 27th, 2010

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Full Tilt

Tuesday July 27th, 2010 is “markup” day for the Barney Frank proposed HR 2267, Internet Gambling Regulation Consumer Protection, Enforcement Act and it would be third on a list of seven to come before the House of Finance Committee today. Last week Representative Frank’s bill was heard before congress again and speakers on both sides of this bill were heard with both “for” and “against” issues being raised. One of the big issues discussed in last weeks session was whether or not to license existing poker rooms which have ignored US lawmakers request and laws to stop accepting US players monies and have been a thorn in the US governments side.

Pokerstars and Full Tilt, the two most popular online poker sites are on top of the list of “unwanted” gaming sites that the US government officials do not wish to have licensed in the US. Lawmakers have been reported to be saying that rogue gaming sites should not be rewarded for past criminal acts [even though online gaming is not illegal in the US.] Representative Brad Sherman from California was quoted as saying, “We don’t want former criminals deputized as cops, these entities should not be invited to play a role where they are going to have to act as policemen”.

In other areas Nevada has two sides to their interests also, Steve Wynn of Wynn resorts is opposed to online gambling regulation and wants no part of it in the US where his interests may be in jeopardy, but Harrah’s Entertainment is ready to go and just waiting for the “all clear” to launch their online gaming sites that are already up and running in other areas of the world!

This should be a busy and interesting week for online gaming and the US Government and we will keep you informed to any and all updates.

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