..

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

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

Everyone knew that the coronavirus would be bad. Yet, even the darkest forecast could not predict just how bad the whole situation has become. The sports betting industry has basically ground to a halt with every major sports betting event off the board. Even the most successful sports betting operations are feeling the pain in a situation that could get even worse before it starts to get better.

Give Your Sportsbook a Big Casino Boost With Price Per Head

Give Your Sportsbook a Big Casino Boost With Price Per Head

With sports betting on pause for a few weeks or even months, depending on how well things evolve in this coronavirus crisis, sportsbooks from all over the world have turned their focus and efforts to the next obvious product in stock, the casino.

Time to Get to Know and Bet on Esports

Time to Get to Know and Bet on Esports

To many, Esports might sound like something new that sportsbooks are offering now that all the major sports leagues have been suspended, due to the Covid-19 crisis that’s affecting the whole planet. However, electronic sports are not new at all, bookies have been offering these markets for years now, and audiences for these games are counted by millions.

Crackdown on Noncompliants Online Gambling Affiliates

Crackdown on Noncompliant Online Gambling Affiliates, Betway Boots UK Affiliates

Marketing compliance expert Rightlander released a new ‘Fast Track’ incentive monitoring study following the Spanish government's order to restrict the promotion of games of chance and online gaming on all advertisement chains.  The country took this action as all of its citizens are required to remain indoors during the current coronavirus pandemic.

Covid-19: Russian Ping-Pong Steals the Show, Casino Employees Test Positive

Covid-19: Russian Ping-Pong Steals the Show, Casino Employees Test Positive

“Russian ping-pong has stolen the show,” said Nick Bogdanovich of the William Hill betting chain. “You can’t even find it streaming anywhere to watch, but people are betting on it.”

Syndicate