..

Barney Frank Discusses the Future of Online Gambling With Gambling911

Written by:
Jenny Woo
Published on:
Oct/30/2008
Barney Frank

Gambling911.com Senior Reporter, Jenny Woo, recently went to Washington, DC where she met up with a handful of important allies in the fight to legalize online gambling, among them chairman of the House Financial Services Committee, Democrat Barney Frank, who these days is seen as one of the most busiest men in Congress.

Fresh from his big blowout interview with Fox News Bill O'Reilly, Woo was a lot easier on Barney Frank, and with good reason. The Internet gambling industry - while initially suspect of anyone in power - places Congressman Frank on a pedestal.

"He's great to have in your corner," said one sportsbook operator, who wished not to be named.

Woo also met up with Republican Congressman, Ron Paul. It's interesting to note that both Barney Frank and Ron Paul were perhaps the most visible (not to mention vocal) Congressmen during discussions to have a controversial "Wall Street Bailout" package passed. Frank and Paul were on opposite sides of the spectrum in this regard: Barney Frank pushed for its passage while Ron Paul voted against it. But on the issue of online gambling, the two men from opposite parties came together and co-sponsored a bill seeking regulation of the multi billion dollar industry.

Frank had great things to say about Ron Paul.

"He's a libertarian and he's actually one of the honest one's who really want to help low income people and when it comes to interfering with people's freedoms," Frank said. "Ron and I worked together on legalizing marijuana and on opposing some restrictions on free speech. I refer to him as being a very good ally; he's a very non-hypercritical conservative."

Congressman Frank believes that an Obama administration will help to bring about legalized online gambling.

"That (an Obama win) would be much better with more Democrats. Much more support. I also think with the Obama administration you wouldn't see these bad regulations. But what the Bush people try to do is to get this one done very hastily and with little preparation so legislation is in place when the Obama administration takes over. But clearly we have more support with more Democrats in Congress. I wish it weren't an issue but the Republicans have made it one."

More of Jenny Woo's interview with Barney Frank will appear on Gambling911.com this coming Monday. So watch for it here

 

Payton O'Brien, Gambling911.com Senior Editor

Gambling News

Can I Bet on MyBookie From Oklahoma

Can I Bet on MyBookie From Oklahoma

While MyBookie is currently acessible to Oklahloma residents, Gambling911-endorsed BetUS offers more generous cash bonuses (max bonus $2500) with fast payouts. 

How Do Sports Betting Odds Work?

How Do Sports Betting Odds Work?

Sportsbooks offer punters odds on every Sportsbet. Odds indicate the likelihood of a booked game occurrence. As a newbie or regular punter, it is essential to have an understanding of how these betting odds are calculated and how they work.

SBR Suspends Rating on 5Dimes, No Likelihood of Remaining in Business

SBR Suspends Rating on 5Dimes, No Likelihood of Remaining in Business

From an A+ to an Incomplete in just a matter of days, Sportsbook Review last week suspended its rating for 5Dimes as complaints mount that the company will not be honoring pending future wagers upon shutting off to the US market on Monday September 21, 2020.

New Sportsbook in USA Gets Cozy With Established Players

New Sportsbook in USA Gets Cozy With Established Players

A new US-licensed sportsbook plans to focus heavily on value.  Vigtory announced its new partnership with data and digital content provider Sportradar.

Can I Bet With MyBookie.ag From Connecticut

Can I Bet With MyBookie.ag From Connecticut

You can bet on MyBookies.ag from Connecticut courtesy of BetOnline, which offers a generous welcome bonus ($1000 max bonus).

Syndicate