..

Politico.com: Unlikely Duo Working on Internet Poker Measure for Subcommittee

Written by:
C Costigan
Published on:
Oct/13/2011

Ultra conservative Republican Joe Barton and Liberal Barney Frank are working on a bill that would legalize Internet poker.  They are in the process of presenting their measure to a subcommittee in charge of slashing the deficit.

Ironically, a member of this chosen subcommittee is none other than Jon Kyl, the Republican outgoing Senator from Arizona who authored the current online gambling prohibition.

Politico.com couldn’t help but notice the irony in such bipartisanship when it comes to legalizing a multi-billion dollar industry.

While the odds are long for getting the panel to include a provision for online gaming, or even just online poker, as part of its final deficit-reduction package, the stunning depth and breadth of support for a niche industry, particularly one recently embroiled in a legal scandal, reveals the political payoff of an industry’s sustained lobbying effort.

“Several of us are trying to get it into the supercommittee,” Frank told POLITICO. “It would create $40 billion [in revenue] over 10 years.”

Read the article in its entirety here

- Chris Costigan, Gambling911.com Publisher

Gambling News

Where Can I Watch, Bet the McGregor vs Cowboy Fight UFC 246 From Bakersfield

Betting on UFC 246 Conor McGregor vs. Donald 'Cowboy' Cerrone is available from Bakersfield via Jazz Sports (in business since 1996). 

Man Convicted After Gambling Away Money Stolen From Armored Truck

Man Convicted After Gambling Away Money Stolen From Armored Truck

HELENA, Mont. (AP) — A Helena man has been convicted of taking $390,000 that was stolen from an armored truck and spending it on gambling, day trading, and travel.

Gamblers Bet $1.5 Billion on Sports in Pennsylvania Last Year

Gamblers Bet $1.5 Billion on Sports in Pennsylvania Last Year

Pennsylvania's commercial casinos reached a new high in revenue last year, a record boosted by an aggressive new expansion of gambling authorized in 2017.

Best Website to Start a Sportsbook

Best Website to Start a Sportsbook

If you are looking to start a sportsbook then the best thing to do is get set up with a pay per head site. These sites cater to people that are looking to book action on a sportsbook website.

BetIndiana.com Obtains Sports Betting License in Indiana

BetIndiana.com Obtains Sports Betting License in Indiana

BetIndiana.com, teaming up with the Majestic Star Casino, has announced it obtained a temporary license to operate in the state of Indiana.  It looks to become the "home town sportsbook" and one of the few US-born sports wagering brands.

Syndicate