..

President Barack Obama: What This Means To Online Gambling

Written by:
C Costigan
Published on:
Nov/04/2008
President Obama

It's finally over.  Barack Obama has been named the first Black President of the United States.

So what does this mean for online gambling?

It could be good...or maybe not.

Obama running mate Joe Biden's own son, Hunter, was a lobbyist for none other than Party Gaming, once the largest online poker company.

When asked how an Obama administration would affect the process for legalizing online gambling, chairman of the House Financial Services Committee, Barney Frank, told Gambling911.com's Jenny Woo his win would be significant. 

"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 it's in place when the Obama administration takes over.  But clearly we have more support opposing (these attempts to stop regulation) with more Democrats in Congress.  I wish it weren't an issue but the Republicans have made it one."

And Ron Paul, a Republican Congressman who co-sponsored legislation along with Barney Frank to legalize online gambling, agrees with the sentiment that the Republican party has made online gambling prohibition an important - and many would argue and unnecessary - part of its platform. 

"The evidence is there.  They worked hard to stop it, Republicans and Conservatives get involved too often for trying to improve people's behavior," said the Texas Congressman in an interview with Jenny Woo.

Obama himself is a known poker player who has said he would welcome a study of legalizing online gambling. 

Christopher Costigan, Gambling911.com Publisher

Politics News

Kamala Harris Supreme Court Justice Betting Odds Long

Kamala Harris Supreme Court Justice Betting Odds Long

As our friends at BetOnline ponder the betting odds on who will replace US Supreme Court Justice Stephen Breyer, it is widely anticipated that current US Vice President Kamala Harris odds will be long, though probably still in the single digits.

Justice Stephen Breyer to Retire: Odds on Who Might Replace Him

Justice Stephen Breyer to Retire: Odds on Who Might Replace Him

Federal Judge Ketanji Brown Jackson, who is a former Breyer law clerk, is among the early favorites to replace Breyer.

Boris Johnson to Be Ousted Say Oddsmakers: List Him at Nearly 1-4 Odds Out in 2022

Boris Johnson to Be Ousted Say Oddsmakers: List Him at Nearly 1-4 Odds Out in 2022

What do the oddsmakers know?   They believe United Kingdom Prime Minister Boris Johnson's days are numbered.

What Effect Will The Growing Rift Between Trump and DeSantis Have on 2024 Odds

What Effect Will The Growing Rift Between Trump and DeSantis Have on 2024 Odds

This seems to be coming full circle on Monday with Axios Jonathan Swan writing that Trump has referred to DeSantis as an ingrate with a "dull personality" and no realistic chance of beating him in a potential 2024 showdown.

Michele Obama 2024 Presidential Odds 65-1 With Joe Rogan Endorsement

Michele Obama 2024 Presidential Odds 65-1 With Joe Rogan Endorsement

Rogan said of Michelle Obama winning a presidential race against former US President Donald Trump, who has expressed interest in running again: "If she runs, she wins. She's great, she's intelligent, she's articulate, she's the wife of the best president that we have had in our lifetime."

Syndicate